Overview
- Toyota, which announced the investment Monday, will spend $800 million in Georgetown, Kentucky, and $200 million in Princeton, Indiana, to expand U.S. vehicle production.
- Kentucky’s allocation will ready the plant for a second battery‑electric vehicle and raise Camry and RAV4 capacity, while Indiana’s funds will increase Grand Highlander output.
- Toyota says this tranche is part of its November 2025 pledge to invest up to $10 billion in U.S. factories, and the company did not disclose added volumes or new jobs from this spend.
- EV-focused outlets report the three-row Highlander battery-electric model will be Toyota’s first U.S.-built EV later this year, and Toyota has not named the second model planned for Kentucky.
- Alongside the factory upgrades, Toyota committed $4 million to STEM programs in Scott and Fayette County schools and $400,000 to Eastern Kentucky University to build a local manufacturing workforce.