US Facilities · Automotive (hybrid powertrains)
Toyota to invest $374 million in five US plants for hybrid parts
- Company
- Toyota Motor (Toyota City, Aichi)
- Project
- Five Toyota US plants, Alabama, Kentucky, Missouri, Tennessee and West Virginia
- Value
- $374M
- Status
- Announced on September 26, 2017.
- Date
- 2017-09-26
Toyota said it would invest $374 million in five US plants in Alabama, Kentucky, Missouri, Tennessee and West Virginia. The money was for building hybrid powertrain parts in the US.
Why it matters
The investment moves more of Toyota's hybrid parts production into the US and counts toward its $10 billion five-year pledge.
Sources
Kakehashi M&A News home
