Toyota Invests $17M in Tennessee Plant for Hybrid Production
Feb. 21, 2022—Toyota announced it will invest $17 million into its production facility in Jackson, Tennessee, to start producing hybrid transaxle cases and housing.
According to a report from the Jackson Sun, the plant is expected to produce 1.3 million cases and housings, which will go along with the 1.8 million engine blocks the facility already makes.
“It’ll mean two separate product lines for our plant, which will give even more importance to our plant within the corporation,” Plant Manager Todd Williams said. “Car manufacturing is trending more and more every year toward electric-powered vehicles and hybrid vehicles, and this is another step in that process.”
The addition won't add any new jobs to the plant, but the investment acts as a sign of Toyota's increasing confidence in the viability of its hybrid electric vehicles.