Toyota announced it will exceed its 2017 pledge to invest $10 billion in the US over five years with a new commitment to reach nearly $13 billion over the same period. Of that, Toyota announced nearly $750 million in five different states, with more to come. The new investments include adding Toyota RAV4 Hybrid and Lexus ES 300 Hybrid vehicle production at its Georgetown, Ky. manufacturing plant; expanding engine capacity at its Huntsville, Ala. facility; doubling hybrid transaxle capacity at its plant in Buffalo, W.Va.; and a building expansion for additional castings at Bodine Aluminum’s Jackson, Tenn. facility as well as additional castings at its Troy, Mo. facility. In Alabama, Toyota’s $288,000,000 investment will increase annual engine capacity from 670,000 to 900,000 by the end of 2021 to increase product flexibility and better accommodate market demand. New 4-cylinder and V6 engine lines will add 450 new jobs to its […]