Toyota is expanding its investment in Toyota Bodine’s Troy, Missouri plant. The automaker is increasing production of 2.5 cylinder heads at the plant with more than $17 million in new investment.
“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.”
The expansion is in support of Toyota’s production of the company’s first American-made hybrid powertrain engines. Toyota plans a $373.8 million investment in five U.S. manufacturing plants across several states.
“This investment across five American plants expands capacity for our latest TNGA engines, and localizes production of hybrid powertrains, a core Toyota technology,” said Jeff Moore, Senior Vice President for Manufacturing. “It underscores Toyota’s confidence in the capability and global competitiveness of our North American manufacturing.”
According to the company, Toyota’s investments will help to ensure the stability of the plants’ employment levels in the future.
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