Toyota planning $461 million Georgetown expansion for ‘advanced technology vehicles’

Toyota is proposing a new $460.8 million expansion of its Georgetown manufacturing plant, already the company’s largest in the world.

According to a news release Friday, the plans include a major update to that will expand the plant’s “ability to produce new products, including future electrification.” The plans has made hybrid electric vehicles since 2006.

Georgetown has already been announced as the site for assembling fuel cell modules for use in hydrogen-powered heavy-duty commercial trucks starting in 2023, according to the release.

Now, the plant also will begin making a new 2.4-liter turbo engine for an expanded range of vehicles made in North America. And the company will shift to a direct hiring process that will move about 1,400 contract employees to the Toyota payroll, along with all new hires. That will increase Toyota’s official employment by over 20 percent.