Buffalo, W.Va. (November 11, 2021) – Long known for providing the get-up-and-go for many of Toyota’s most popular products, Toyota Motor Manufacturing West Virginia (TMMWV) announced today a $240 million investment to bring a new line of hybrid transaxle production to the Mountain State.
The investment will provide new equipment and operational upgrades to modernize the facility and many of its suppliers. Additionally, the project allows TMMWV to further train its 2,000+ employees as the plant prepares to play a larger role in Toyota’s future for producing electric vehicles in North America.
“Toyota West Virginia is working hard to position ourselves for the future and ensure our plant is ready to take the next step in electrification,” said Srini Matam, president of TMMWV. “These improvements not only increase our manufacturing flexibility and competitiveness, and directly respond to shifting customer demand for higher efficiency vehicles.”
What is A Hybrid Transaxle?
Hybrid systems combine two motive power sources, such as an internal combustion engine and an electric motor, to take advantage of the benefits provided by these power sources while compensating for each other’s limitations.
Carbon Neutral Commitment
As part of Toyota’s electrification strategy, the company’s goal is to offer an electrified option on nearly all Toyota and Lexus vehicles. Today’s announcement further supports this goal.
Alternative-powered vehicles (APVs) – made up of hybrids, plug-ins, fuel cells and batteries – are nothing new for Toyota, putting more electrified powertrains on U.S. roads than any other automaker and the leading manufacturer and seller of APVs for 21 consecutive years.
West Virginia’s Leading Role
Matam added, “This project is more than just a new product. It represents TMMWV’s path forward and increases our powertrain capabilities to better support Toyota North America’s growing manufacturing footprint by building vehicles where we sell.”
This announcement comes on the heels of another recent plant expansion. In February, TMMWV announced a $210 million investment and added 100 new jobs to expand capacity of its four-cylinder and V6 engine lines.
“Toyota has long been an outstanding corporate partner and engine for economic growth in our state,” said Gov. Jim Justice. “I’m proud knowing that it’ll be West Virginians helping lead the way as Toyota continues to invest in future technologies and products that’ll help get our friends and neighbors to their destinations more efficiently and safer than ever before.”
Senator Joe Manchin, who was previously the governor of West Virginia, had the following thoughts on today’s news:
“As governor and now as senator, I have been proud to support Toyota, which has created thousands of good-paying jobs and invested $1.8 billion in our state,” Manchin said. “West Virginia is a state full of talented, hard-working people and it is fitting to see them lead in developing environmentally sustainable technologies that will help protect our environment and move our state forward.”