Toyota to invest US$912m in five existing US plants [Yahoo! Finance]
Toyota Motor Corporation (TM)
US:NYSE Investor Relations:
toyota-global.com/investors
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Source: Yahoo! Finance
of hybrid vehicles and related components, with the automaker looking to expand production capacity to meet growing demand in the region. The investment is part of the “up to US$ 10 billion”, five-year investment plan confirmed by the company earlier this month in support of Japan's recent trade negotiations with the US. Toyota said that these “additional” investments will bring the company's total investment in the US to around US$ 60 billion since it began operations there some 70 years ago. The plants to receive the investment include: Buffalo, West Virginia: engines and transmissions Georgetown, Kentucky: Camry, RAV4 Hybrid, and Lexus ES350 Blue Springs, Mississippi: Corolla Jackson, Tennessee: engine blocks, castings Troy, Missouri: cylinder heads The Blue Springs plant, which currently makes the popular Corolla sedan, will add hybrid-electric Corollas to its line-up following the new investment. Kevin Voelkel, senior vice president of manufacturing operations a
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