Toyota Announces $1 Billion Investment in US Plants

The investments will help to further manufacturing facilities of popular models, including Camry, RAV4, and the Grand Highlander.

Workers assembling fourth generation Toyota Prius cars on the production line at the company's Tsutsumi assembly plant in Toyota City, Aichi prefecture, on Dec. 8, 2017. Toshifumi Kitamura/AFP via Getty Images

Toyota announced a $1 billion investment across its Kentucky and Indiana operations in a March 23 statement.

The Japanese automaker announced the investment as it celebrated its 40th anniversary of the Kentucky plant, which is also Toyota’s largest manufacturing plant in the world, assembling about 550,000 vehicles and 600,000 engines a year, and employing close to 10,000 full-timers.