Toyota Motor Corporation (TM) Invests $1 Billion in Kentucky and Indiana Plants [Yahoo! Finance]
Toyota Motor Corporation (TM)
US:NYSE Investor Relations:
toyota-global.com/investors
Company Research
Source: Yahoo! Finance
that it is investing $1 billion in its plants in Kentucky and Indiana. The goal of this investment is to better meet the different needs of customers in the US. According to the report by Toyota Motor Corporation (NYSE:TM), this investment is part of the company's “best-company-in-town” approach, which allows it to invest and produce locally, support the local community, and offer a wide range of options suited to local demand through a multi-pathway strategy. The company continues to focus on investing and growing its presence in the country. Toyota Motor Corporation (TM) Invests $1 Billion in Kentucky and Indiana Plants Image by Admiral_Lebioda from Pixabay Out of the total $1 billion investment, Toyota Motor Corporation (NYSE:TM) said $800 million will go to the Kentucky plant to help prepare the facility for the production of battery electric vehicles and also increase production capacity for the Camry and RAV4 models. The remaining $200 million will be invested in the I
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