Today, April 19th, Toyota confirmed it will manufacture a Lexus vehicle at its Kentucky plant in the US.
This would be the first Lexus luxury vehicle to be built in the US and Toyota said it will invest $360 million and add 750 new jobs at the Kentucky plant to manufacture 50,000 Lexus ES 350 annually beginning with 2015. The Georgetown, Ky., plant currently has around 6,100 employees and the state has offered the company $146.5 million in incentives to build the model here.
“Lexus was founded in the United States, so it is only fitting that we are bringing the production of luxury sedans for our U.S. customers back to where the brand was born,” said Akio Toyoda, president of Toyota.
Over the last one year and a half Toyota has announced plans to boost capacity at facilities in Canada, West Virginia, Indiana and Mississippi, an investment which reached almost $2 billion and created 4,000 new jobs. The Kentucky plant is the company’s largest facility outside Japan and it manufactures the Camry, Camry Hybrid, Avalon, Avalon Hybrid and the Venza, as well as V6 and four-cylinder engines.
“The decision to move ES 350 production to Kentucky is a true tribute to the hard work and commitment to excellence of every single Toyota team member at this plant,” said TMMK President Wil James. “We deeply appreciate the tremendous support we have received from our community, from our local suppliers and business partners, and from Governor Beshear and the Commonwealth of Kentucky.
Source: Detroit News