Toyota Motor Corp. is planning to spend $88 million at an engine factory in West Virginia to boost production of gas-electric hybrid vehicles, an effort to widen its manufacturing footprint in the US as the Trump administration moves to impose tariffs on auto imports.
The Japanese carmaker is earmarking the funds to increase production of hybrid transaxles for next-generation hybrids at the Buffalo, West Virginia, plant by late 2026, bringing total investment at the facility to more than $2.8 billion, it said in a statement Wednesday. The spending will secure the continued employment of some 2,000 workers at the factory, but a Toyota spokesman said won’t result in any new jobs.
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