01:49 PM EST, 12/12/2024 (MT Newswires) -- Toyota Motor ( TM ) said Thursday it will invest $922 million to build a new paint facility in Kentucky that aims to lower environment impacts, improve operational efficiencies and the quality of vehicle finishes.

The facility is set to open in 2027 and add 1 million square feet of capacity while cutting carbon emissions by 30% and water usage by 1.5 million gallons annually, the automaker said.

The latest announcement comes after a $1.3 billion investment disclosed earlier in 2024 at the Georgetown, Kentucky, site to build an all-new three-row battery electric SUV for the US market, Toyota ( TM ) said.

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