Toyota Motor Corp. (NYSE:TM) announced that it will boost annual engine assembly capacity of 4-cylinder engines at its Georgetown, Kentucky plant by investing $30 million. The company will increase engine production to more than 500,000 annually from 400,000 at the plant, starting from August next year.
Currently, the Kentucky plant assembles engines for Toyota’s Avalon, Camry and Venza models. The enhanced capacity will help the company supply engines for Camry and Camry Hybrid, manufactured in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards