Toyota to invest $1 billion to increase U.S. production in Kentucky, Indiana plants

URLhttps://www.cnbc.com/2026/03/23/toyota-investment-
Sourcecnbc.com
Date Published03/23/2026

Additional Reshoring Information:

Company/Division name Toyota - KY
Parent companyToyota
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2026
Domestically, the work will be done:In-house
Capital investment ($):800
Country(ies) from which reshored:Japan
City reshored to:Georgetown
State(s) reshored to:KY
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredCamry sedan and RAV4 crossover
What non-domestic negative factors made offshoring less attractive?Tariffs
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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