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Toyota: No Plans to Build New Manufacturing Plant in US

Company spending $1.3B to overhaul Kentucky plant.

by on Jul.06, 2017

Jim Lentz, Toyota's top North American executive, said the automaker has no plans to build new manufacturing facilities in the U.S.

Toyota has no immediate plans to add to its production base in the United States, the company’s top U.S. executive said Thursday.

“Right now, our manufacturing footprint is right for our volume,” Jim Lentz, chief executive of Toyota Motors North American region, said during a roundtable session with American and Japanese reporters at Toyota’s new headquarters in Plano, Texas.

Global Auto News!

Lentz noted the Toyota is spending $1.3 billion on an overhaul of its manufacturing and assembly complex in Georgetown, Kentucky. (more…)