USD $373.8 million investment in U.S. plants will boost hybrid production.
Determined to remain the top manufacturer of hybrid vehicles worldwide, Toyota has announced a $373.8 million investment in five U.S. manufacturing plants that will support production of its first American-made hybrid powertrain and to implement Toyota’s New Global Architecture (TNGA) at its Alabama plant.
The investments will include adding new production of hybrid transaxles (hybrid vehicle transmissions); expanding 2.5-litre engine capacity; increasing production of 2.5-litre cylinder heads; and accommodating production of hybrid transaxle cases and housings and 2.5-litre engine blocks.
“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.