PLANO, Texas – Toyota just upped the stakes to remain the top manufacturer of hybrid vehicles worldwide with a $373.8 million investment in five U.S. manufacturing plants that will support production of its first American-made hybrid powertrain and to implement Toyota’s New Global Architecture (TNGA) at its Alabama plant.
Each of the projects is scheduled to begin this year and all should be operational by 2020.
The investments will include adding new production of hybrid transaxles (hybrid vehicle transmissions) at the Buffalo, W.Va., manufacturing facility; expanding 2.5-liter engine capacity at the Georgetown, Ky., plant; increasing production of 2.5-liter cylinder heads at Bodine Aluminum’s Troy, Mo., plant; and modifying the Bodine Jackson plant to accommodate production of hybrid transaxle cases and housings and 2.5-liter engine blocks.
The Huntsville, Ala. plant will undergo a comprehensive upgrade to enable it to build engines that complement TNGA.
“This investment is part of our long-term commitment to build more vehicles and components in the markets in which we sell them,” said Jim Lentz, CEO, Toyota Motor North America. “This strategy is designed to better serve our customers and dealers, and positions our manufacturing operations to fulfill their needs well into the future.”