Toyota Expected To Use Georgetown Plant
Toyota Motor Corp. on Tuesday announced plans to begin producing a gasoline-electric hybrid of its popular Camry model in late 2006 at its largest North American plant.
The Japanese automaker said it will have capacity to build about 48,000 of the environmentally friendly vehicles each year. It represents Toyota's first hybrid auto production in North America.
"Once the decision was reached to make a hybrid version of our best-selling vehicle - the Camry - the Georgetown plant was the natural choice," said Gary Convis, president of the plant.
Toyota said it plans a $10 million investment in the Georgetown plant, but said it expects capacity and employment to stay the same. The plant 12 miles north of Lexington employs about 7,000 workers and can build up to 500,000 vehicles per year.
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