Toyota Starting $1B Assembly Expansion

Toyota Motor North America outlined $1 billion worth of capital investments for its auto assembly operations in Georgetown, Ken., and Princeton, Ind., tying the projects to the 40th anniversary of its initial U.S. manufacturing investment. Both projects are part of the five-year, $10-billion program that the automaker presented in November 2025 to diversify its product range in line with customer choices.

At Toyota Motor Manufacturing Kentucky, the investments will total $800 million to expand assembly operations for a second battery electric vehicle program, and to increase production capacity for the Toyota Camry and RAV4 hybrid vehicles.  Currently, the plant in Georgetown produces those two hybrid vehicles, and assembles four-cylinder and V6 engines, hydrogen fuel cell kits, axles, steering components, machined blocks, cylinder heads, crankshafts, camshafts, rods and axle assemblies, and dies.

Since the start of production in 1988, the Georgetown plant has produced more than 14 million vehicles, with current capacity for 550,000 vehicles and over 600,000 engines per year.

At Toyota Motor Manufacturing Indiana, $200 million in new investments are planned to increase capacity for assembling the Grand Highlander SUV, which will join the current assembly programs for Sienna minivans and Lexus TX SUV.

Also, the automaker announced $4 million in new funding from the Toyota USA Foundation and Toyota Kentucky to support STEM learning and resources in the region’s Scott and Fayette County Schools; as well as $400,000 to support the Manufacturing Engineering program at Eastern Kentucky University.