Toyota Moving Lexus ES 350 Production to Kentucky
Lexus International Executive Vice President Mark Templin (left to right), Toyota North America Region CEO Jim Lentz and Toyota Motor Corporation President Akio Toyoda gather at a press event in New York where they announced that the Lexus ES 350 sedan will be produced in Georgetown, Ky. Photo courtesy Toyota.
Toyota plans to move production of its Lexus ES 350 to the company’s Toyota Motor Manufacturing, Kentucky (TMMK) in 2015. The automaker said this move will create 750 new jobs and that it will invest $360 million in the plant.
Toyota said that moving Lexus ES 350 production to this plant is part of the company’s ongoing strategy to move vehicle production to the markets in which it sells them. The company added it announced plans to boost production capacity at its plants in Mississippi, Indiana, West Virginia, and Canada, a total investment of more than $2 billion, over the last 17 months.