Toyota Expands Randolph County, North Carolina, Electric Battery Operations
11/01/2023
The investment will include eight production lines, increasing capacity for electric vehicle battery production and adding new capacity to produce batteries for plug-in hybrid vehicles, according to company officials.
“This investment reflects our commitment to electrification and carbon reduction, and it enables jobs and future economic growth for the region,” said Sean Suggs, president of Toyota North Carolina. “We are excited to see the continued energy and support of this innovative manufacturing facility.”
Toyota’s investment at the site will now total $13.9 billion and more than 5,000 jobs.
“Toyota’s continued investment in North Carolina is a testament to the state’s leadership as an electric vehicle hub, and why we’re the top state for business,” noted N.C. Commerce Secretary Machelle Baker Sanders. “This expansion validates my commitment to aligning economic development with workforce development, ensuring we can provide a highly skilled workforce that meets the needs of Toyota and the state’s fast-growing clean energy industry, today and well into the future.”
Project Announcements
Compass Datacenters Plans Meridian, Mississippi, Operations
01/12/2025
IKO Plans Bismarck, Missouri, Operations
01/10/2025
Blue Whale Materials Expands Bartlesville, Oklahoma, Battery Recycling Operations
01/09/2025
Italdesign Plans Bloomfield, Michigan, Headquarters Operations
01/09/2025
Luck Companies Plans-Expands South Carolina Quarry Operations
01/09/2025
Italy-Based Microtex Composites Plans Chattanooga, Tennessee, Manufacturing Operations
01/09/2025
Most Read
-
2024's Leading Metro Locations: U.S. Cities on the Rise Amid an Economic Reshuffling
Q4 2024
-
Best Practices in Incentives Procurement
Q4 2024
-
How Automation Is Actually Closing the Labor Gap
Q4 2024
-
Why Decarbonization Goals Start with Site Selection
Q4 2024
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Around the Horn with Amy Gerber and Kathy Mussio: Incentives and Workforce Development
Q4 2024
-
The Workforce Factor: How States Are Competing to Build Tomorrow's Talent
Q4 2024