Toyota Plans Expansion at Buffalo, West Virginia, Assembly Plant
03/15/2019
The automaker reported they plan to invest $111 million to expand its West Virginia facility and add equipment that will double capacity of its hybrid transaxles from 120,000 units to 240,000 units annually in 2021.
“We are proud to add such a significant cost investment to Toyota West Virginia, not only financially but also in adding team members to the Toyota family,” said Leah Curry, Toyota Motor Manufacturing WV President, in a statement.
“Doubling our production of hybrid transaxles in West Virginia solidifies our facility’s role in producing next generation engines and transmissions that will drive the future of Toyota’s advanced mobility technology,” Curry added.
“There is so much good that comes along with this expansion of our Toyota plant, and the very best part is knowing that it will bring over 100 new jobs to our state for hard-working West Virginians,” Governor Jim Justice said. “I’m a business guy and I’ve always said that if we can help our businesses grow, there’s no limit to what we can do.
“Toyota has been a wonderful partner for West Virginia,” Governor Justice added. “And their decision to make this incredible investment right here at home is just fantastic because it really proves that businesses are excited to be in our state and are able to succeed in West Virginia now more than ever.”
Project Announcements
Piramal Pharma Solutions Expands Lexington, Kentucky, Operations
10/04/2024
G&H Decoys Plans Corning, Arkansas, Headquarters-Manufacturing Operations
10/04/2024
Britain-Based Ultimate Defense Technologies Establishes Billings, Montana, Operations
10/04/2024
Google Plans Dorchester County, South Carolina, Data Center Operations
10/04/2024
Sirius Analysis Plans Virginia Beach, Virginia, Headquarters
10/04/2024
South Korea-Based ILJIN Plans Auburn, Alabama, Manufacturing Operations
10/04/2024
Most Read
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
What the Latest EPA PFAS Rule Means for Site Due Diligence
Q3 2024
-
Cold Storage: The Next Big Thing in Industrial Real Estate
Q3 2024
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Challenge of Securing Sufficient Electrical Power for Battery Cell Plants
Q3 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
Semiconductors’ Fragile Relationship With Water May Be Tested
Q3 2024