Toyota will invest $210 million to upgrade existing engine production at its facility in Buffalo, West Virginia.
The Japanese automaker announced that the investment will be used to upgrade Toyota Motor Manufacturing West Virginia’s (TMMWV) current six-cylinder engine production line with new equipment and machinery, giving the site more flexibility to build engines based on market demand, and add 100 new jobs to increase assembly capacity of its four-cylinder engines.
This investment will also create a third shift at the site, increasing the number of engines built by 70,000 units per year.
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“Toyota’s commitment to increase its investment in West Virginia and into our hard-working West Virginians prove they continue to be a wonderful business partner right here in the Mountain State,” West Virginia Governor Jim Justice said. “This is such exciting news for West Virginia’s business community as well as our families that businesses are choosing to grow their organizations here. Toyota is a wonderful example of how a global company can be successful right here in West Virginia.”
With this latest investment, Toyota will have invested more than $1.8 billion into the facility and employ more than 2,000 people at the site. Toyota Motor Manufacturing West Virginia is celebrating its 25th anniversary this year and produces almost one million engines and transmissions annually for vehicles including the Toyota Avalon, Camry, Corolla, Highlander, Highlander Hybrid, RAV4, Sienna and Sienna Hybrid, as well as the Lexus ES and RX350.
“Today’s announcement represents Toyota’s continued commitment to our customers as well as our community,” TMMWV president Srini Matam stated. “We are thrilled to expand our Toyota family and continue our long-standing commitment to provide top-quality engines and transmissions for our customers.”