Also, Toyota will update equipment and build an all-new paint shop at the Georgetown plant.
According to Toyota, the TNGA represents a completely new strategy to the way the company designs, engineers, and manufactures its vehicles.
The automaker has invested $22 billion in the US over the past six decades, and switching facilities to accommodate Toyota's efficient production initiative will increase American spending further even as the company makes similar facility upgrades in Japan and the U.K.as well.
The Georgetown plant is Toyota's largest in the world.
In addition to TNGA improvements, TMMK will undergo other makeovers that will, together, modernise and streamline the production process.
The central Kentucky plant employs 8200 workers and that's not expected to change with the investment.
President Donald Trump took credit for Toyota investing $1.33 billion in an existing US factory, championing spending by a Japanese automaker he's blasted for building a plant in Mexico. On Monday, Toyota said it had requested a Trump comment.
"Toyota is a global icon".
While he has criticized auto companies, including Toyota, for investing in Mexican factories that supply vehicles to the U.S., he has also pledged to cut regulations to encourage the expansion of USA manufacturing facilities. TMMK employees live in 80 Kentucky counties, and now Toyota has more than 100 suppliers located across the Commonwealth. The plant is also home to the Lexus ES 350.
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When it was revealing the 2018 Toyota Camry at the Detroit auto show, the Japanese automaker threw several graphics on the screen behind the new, shiny cars.
"As one of Kentucky's largest private employers and a major economic driver for the state, TMMK's ongoing success is paramount for the region and state", Sen. James said he does not anticipate the re-investment to increase hiring there soon.
It is the largest investment by any automaker in Kentucky and the second largest in state history.
Toyota remains active in Scott County, where TMMK is located.
Asked if Trump's policies played a role in the decision, Vazin said: "No, but we do share his goal of growing the economy and jobs in the United States".
"This is more about job retention and setting up for the future", Rick Hesterberg, a Toyota spokesman, told The Daily Caller News Foundation.
Georgetown mayor Tom Prather pointed to Toyota's decades of positive impact, saying the Reborn project will continue the trend.
Georgetown Mayor Tom Prather, who along with Scott County Judge-Executive George Lusby attended the announcement, described the news as "that this plant in Georgetown will stay relevant for a very long time".
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