Toyota announces $240 million investment to bring dedicated hybrid line to West Virginia plant

West Virginia News

BUFFALO, WV (WOWK)—On Thursday, Toyota announced that the company would invest $240 million into its plant in Buffalo, Putnam County, West Virginia.

“The technologies involved in this and the team members from West Virginia that made all this happen and truly the success is owed to the workers of West Virginia,” Sen. Joe Manchin said.

The company said it will add a dedicated production line for hybrid transaxles. Hybrid transaxles transfer power between the engine, electric motor and wheels of a vehicle.

“Toyota West Virginia is preparing for future market needs as demand increases in the area of vehicle electrification,” said Srini Matam, President of TMMWV. “The investment will fund targeted improvements that will increase our flexibility and competitiveness, allowing us to be in a better position to directly respond to shifting customer demand for higher efficiency vehicles.”

The plant in Buffalo currently employs almost 1,500 workers. However, the new investment will not be bringing any new jobs.

“It’s going to be readjustment of what we have already so it’s not going to be any new jobs. It’s an investment of machines and equipment and everything else,” Matam said.

Toyota also donated $75,000 to Gold Star Mothers of West Virginia, the Fisher House at the Hershel Woody Williams VA Medical Center in Huntington and the Woody Williams Foundation.

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