Business
Toyota to Invest $1 Billion in Kentucky, Indiana Operations
Toyota 7203 -2.23%decrease; red down pointing triangle Motor will invest $1 billion in its Kentucky and Indiana manufacturing operations as part of the company’s pledge to invest up to $10 billion in the U.S.
The investment includes $800 million to prepare its Kentucky plant for Toyota’s second battery electric vehicle, as well as to increase capacity for Camry and RAV4 assembly lines, the Japanese automaker said Monday.
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