# Toyoda Gosei invests $59.9M to expand automotive parts capacity in USA

Toyoda Gosei Co., Ltd. will invest $59.9 million to increase production capacity at TG Missouri Corporation (Perryville, Missouri and New Albany, Indiana) and TG Kentucky, LLC (Lebanon, Kentucky). The expansion includes enlarging plant buildings and installing new equipment.

- Type: Expansion
- Announced: 2024-01-26
- Where: Perryville, Missouri; New Albany, Indiana; Lebanon, Kentucky, United States
- Value: $59.9M
- Status: announced
- Products: interior and exterior automotive parts, safety systems, functional components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Toyoda Gosei Co. Ltd.](https://endata.com/companies/21998.md)
- [TG Missouri](https://endata.com/companies/43478.md) (partner)
- [TG Kentucky, LLC](https://endata.com/companies/75277.md) (partner)

## Sources

- [toyoda-gosei.com](https://www.toyoda-gosei.com/news/details.php?id=382), 2024-01-26: "Toyoda Gosei Co., Ltd. will invest $59.9M (USD) to increase production capacity at two of its American subsidiaries... to keep up with growing sales of interior and exterior automotive parts in the key North American market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.