Toyota to invest $280 million at Georgetown plant

GEORGETOWN, Ky. (WTVQ) – Thursday, Governor Matt Bevin and Toyota Motor Manufacturing Kentucky executives announced a $238 million investment to add production of two models at the Georgetown plant.

Toyota leaders say they plan to begin Lexus ES Hybrid production in May with capacity of 12,000 units. The Hybrid version is currently made in Japan.

RAV4 Hybrid assembly is expected to ramp up in January 2020 with a capacity of approximately 100,000 units per year.

“Toyota has been a remarkable corporate partner to the commonwealth for the past 30 years, and we thank the company for its continued commitment to Kentucky,” said Gov. Bevin.

Toyota plans to invest nearly $750 million across five production facilities. Those include: Toyota Motor Manufacturing Alabama, Toyota Motor Manufacturing West Virginia and Bodine Aluminum operations in Tennessee and Missouri.

“Todays exciting announcement shows Toyotas recognition and continued trust in the high-level skills and expertise of our fantastic team here in Kentucky,” said Susan Elkington, president of Toyotas Kentucky facility.

President Trump tweeted this statement.

@realDonaldTrump: Congratulations @Toyota! BIG NEWS for U.S. Auto Workers! The USMCA is already fixing the broken NAFTA deal.

For more information on Toyota in Kentucky, click HERE.