Toyota to Invest $1.3 Billion at Georgetown, Kentucky, Factory to Build Battery Packs and New Electric SUV

Toyota to Invest $1.3 Billion at Georgetown, Kentucky, Factory to Build Battery Packs and New Electric SUV
A car drives past the entrance to the Toyota Motor Manufacturing plant in Georgetown, Ky., on Jan. 27, 2010. Ed Reinke/AP Photo
The Associated Press
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GEORGETOWN, Ky.—Toyota says it will invest $1.3 billion at its huge factory complex in Georgetown, Kentucky, in part so it can build an all-new three-row electric SUV to be sold in the United States.

The company says the money will help with future electric vehicle production, including the addition of a line to assemble battery cells into packs for other EVs. But it won’t add any new jobs to the complex, which now employs nearly 9,400 workers.