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To address this concern, the TMMK plant was expanded and production of the Avalon (a derivative of the Camry) was commenced in 1994.
In 1995, Toyota created the "New Global Business Plan" in response to trade frictions, and, as part of this plan, began construction of a new plant (the North Plant) at TMMC in the same year.
Following this, production of the Sienna minivan began in 1997, based on the Camry platform.
The plant opened in 1997, producing new-model Corolla vehicles.
The new plant began production of the RAV4 in November 2008.
In its 50th year in the United States, Toyota introduces the 2008 Toyota Tundra, as well as the second-generation of its iconic Scion xB and the world’s first V8 hybrid, the Lexus LS 600h.
Toyota said Monday, April 10, 2017, it is investing $1.3 billion to retool its sprawling Georgetown factory, where the company's flagship Camry sedans are built.
Toyota commits to an additional $13 billion investment in the United States by 2020; including $800 million into artificial intelligence and robotics research through the Toyota Research Institute.
Just Announced: As part of Toyota’s commitment to invest $13 Billion in the United States over five years (through 2021,) TMMK recently announced a $238 million investment to add two more hybrid vehicles to its manufacturing lineup.
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Company Name | Founded Date | Revenue | Employee Size | Job Openings |
---|---|---|---|---|
General Motors | 1908 | $187.4B | 155,000 | 1,725 |
Thomas Built Buses | 1972 | $550.0M | 1,600 | 3 |
Subaru | 1968 | $4.1B | 5,900 | 147 |
Mitsubishi Motors | 1981 | $1.5B | 2,000 | 16 |
Rivian | 2009 | $5.0B | 7,500 | 478 |
Bennington State Bank | 1887 | $9.7M | 77 | 5 |
Florys | 2005 | $6.9M | 55 | 8 |
Purdue Federal Credit Union | 1969 | $21.4M | 300 | 5 |
Presco | 1978 | $4.0M | 125 | 1 |
Arroweye Solutions | 2000 | $17.0M | 141 | 5 |
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Toyota Motor Manufacturing Kentucky may also be known as or be related to Toyota Federal Credit Union, Toyota Motor Manufacturing Kentucky, Toyota Motor Manufacturing Kentucky Inc, Toyota Motor Manufacturing Kentucky Inc., Toyota Motor Manufacturing Kentucky, Inc. and Toyota Motor Manufacturing, Kentucky, Inc.