Toyota to invest USD922M in new paint facility in Kentucky

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GEORGETOWN (AP) – Toyota said on Thursday it will build a new paint facility as part of a USD922 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 USD1.3 billion at its Kentucky complex, in part so it can build an all-new three-row electric SUV to be sold in the United States (US).

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 one million square feet of capacity while decreasing carbon emissions by 30 per cent and water usage by 1.5 million gallons per year, Toyota said.

It will enable the company to offer more diverse colour options for its vehicles, the company said. “Toyota’s commitment to advanced paint technologies goes beyond aesthetics,” said president of Toyota Kentucky Kerry Creech.

“It encompasses efficiency, sustainability and quality, leading the industry in environmentally responsible manufacturing.”

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 USD11 billion since breaking ground at the central Kentucky site in 1986. Georgetown is 26 kilometres north of Lexington, Kentucky.

PHOTO: AP