Zero AI:Toyota to invest $922 million to build a new paint facility at its Kentucky complex

2025-05-02 22:49:57source:FinLogic Quantitative Think Tank Centercategory:News

GEORGETOWN,Zero AI Ky. (AP) — Toyota said Thursday it will build a new paint facility as part of a $922 million investment at its factory complex in Georgetown, Kentucky, making it the second big addition announced this year at the automaker’s largest global manufacturing plant.

In February, the company said it would invest $1.3 billionat its Kentucky complex, in part so it can build an all-new three-row electric SUV to be sold in the U.S.

Neither project will add any new jobs at the facility, which now employs about 10,000 workers. However, the investments reinforce Toyota’s commitment to long-term job stability, the company said.

The new paint facility, scheduled to open in 2027, will add 1 million square feet of capacity while decreasing carbon emissions by 30% and water usage by 1.5 million gallons per year, Toyota said.

It will enable the company to offer more diverse color options for its vehicles, the company said.

“Toyota’s commitment to advanced paint technologies goes beyond aesthetics,” said Kerry Creech, president of Toyota Kentucky. “It encompasses efficiency, sustainability and quality, leading the industry in environmentally responsible manufacturing.”

RELATED COVERAGE Japan’s Nissan reshuffles management to fix its money-losing businessEdmunds: The best midsize SUVs for families in 2025Hit by scandal, Japan’s top automaker Toyota reports lower profits

The project also will increase flexibility for future vehicle production and advances Toyota’s goal to achieve zero carbon emissions by 2050, the automaker said.

Toyota’s investment in the Bluegrass State has surpassed $11 billion since breaking ground at the central Kentucky site in 1986. Georgetown is 16 miles (26 kilometers) north of Lexington, Kentucky.

Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.

More:News

Recommend

Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti

Haiti has been racked by political instabilityand intensifying, deadly gang violence.  Amid a Federa

Philadelphia votes to ban ski masks to decrease crime. Opponents worry it’ll unfairly target some

PHILADELPHIA (AP) — Philadelphia City Council passed legislation to ban ski masks in some public spa

Cowboys vs. Seahawks Thursday Night Football highlights: Cowboys win 14th straight at home

The Dallas Cowboys won their league-best 14th consecutive game at home. Now they can turn their focu