Project Traits
State: Kentucky
Congressional District: KY06
Organization Type: Commercial
Partner Organization(s) Type: None or Unknown
Energy Sector: Transportation,
Energy Subsector: EV Body,
Project Start Year: Unknown
Project Launch Year: Unknown
Government Support Received: Federal Tax Credit [Section 45X Advanced Manufacturing Production Credit] for Unknown AmountFederal Tax Credit [Section 30D New Clean Vehicle Tax Credit] for Unknown Amount
Outcomes & Impacts
Private Investment: $2,200,000,000
Jobs Announced or Created: 9,400
People Served: Unknown
Projected Economic Impact: Unknown
Toyota Motor Corp. is investing $922 million to build a new advanced paint facility in Kentucky that the company says will enhance the quality of its vehicle finishes, according to a Dec. 12 press release.
The plant will add 1 million square-feet of additional production capacity in Kentucky and will utilize a new, environmentally friendly paint process that will decrease carbon emissions by 30% and water usage by 1.5 million gallons per year, according to Toyota.
The facility is slated to open in 2027 and will support the production of electric vehicles at the company’s existing Kentucky assembly plant once it is fully operational.