Toyota’s Expanding in Kentucky
Toyota announces a major expansion in Kentucky.
FOX’s Jeff Monosso reports:
Toyota says it’s investing $1.3 billion to retool its massive factory in Georgetown, Kentucky where the company’s flagship Camry Sedans are built.
No new factory jobs are being added, but Toyota says the upgrades amount to the biggest single investment ever at one of its existing plants in the U.S. which will sustain the existing 82000 jobs there.
The company says the upgrades are part of Toyota’s $10 billion investment in the U.S. over the next five years.
This on the heals of other car makers like Ford, GM and Fiat Chrysler investing billions in manufacturing as President Trump touts jobs.
In Chicago, Jeff Monosso, FOX News.
