Overview
- Toyota outlined targeted spending that includes $453 million for its Buffalo, West Virginia engine plant, $204.4 million for Georgetown, Kentucky, and $125 million for Blue Springs, Mississippi, plus $71.4 million for Jackson, Tennessee, and $57.1 million for Troy, Missouri.
- Company officials said the program will add 252 jobs and expand output of four-cylinder, hybrid-compatible engines and hybrid Corolla production to meet rising demand.
- Toyota framed the move as a tranche of its plan to invest up to $10 billion in the United States by 2030, with many projects slated to be completed by 2027.
- The investment disclosure came days after chairman Akio Toyoda appeared at a NASCAR event at Fuji Speedway in a Trump‑Vance shirt and MAGA hat alongside U.S. Ambassador to Japan George Glass, where he said the company is exploring ways to make tariffs a win for customers.
- A recent White House statement said Toyota intends to export U.S.-made vehicles to Japan and open its Japanese distribution platform to U.S. automakers, and noted Japan will allow sales of American-made, U.S.-safety-certified vehicles without additional testing.