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Toyota Invests $922 Million to Build Advanced Paint Facility in Georgetown — Kentucky's Largest 2024 Deal

Follows $1.3B EV investment to modernize Scott County automotive manufacturing complex

Kentucky Cabinet for Economic Development

State Economic Development Communications

December 12, 2024 4 min read

Toyota Invests $922 Million to Build Advanced Paint Facility in Georgetown — Kentucky's Largest 2024 Deal

Follows $1.3B EV investment to modernize Scott County automotive manufacturing complex

Gov. Andy Beshear and Toyota announced a $922 million investment on December 12, 2024—the largest single dollar investment in Kentucky in 2024—to construct a 1-million-square-foot advanced paint facility in Georgetown.

Key coverage & project details

TransactionsGeorgetown, Scott County, KYtoyotaindustrial-constructioneconomic-developmentDec 12, 2024Kentucky Cabinet for Economic Development

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