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Toyota Expands Investment In Missouri

  • September 28, 2017

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.

For more information on Missouri’s advanced manufacturing industry check out our industry webpage, or contact Steve Johnson, CEO of Missouri Partnership, at 314.725.2688 or via our contact form. We’d be happy to answer any questions you might have, and show you how Missouri Partnership can help with your business expansion, collaboration and investment needs.

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