Toyotetsu Mid America is expanding its Owensboro operations with a $41 million investment.
The automotive parts supplier’s expansion will retain nearly 640 full-time Kentucky jobs, according to a news release from the governor’s office.
“The economic momentum we are seeing throughout Kentucky is the result of incredible growth among our largest and most critical industries, and manufacturing is at the center of that success,” said Gov. Andy Beshear. “We continually see quality companies like Toyotetsu Mid America expanding to meet growing customer demand, and that is a recipe for long-term economic success in our New Kentucky Home. I want to thank the company’s leadership for their belief in the commonwealth and for supporting great jobs the people of Owensboro depend on.”
TTMA, which has operated in Owensboro for 25 years, will be upgrading its operational capacity and equipment to remain competitive in the automotive industry. The project will include investments in modern equipment and automation, as well as operation changes to increase production. The expansion is slated to be completed in 2028.
“This project represents more than an investment in equipment and facilities; it is an investment in our people, our customers and the future of manufacturing in North America,” said Austin Swope, assistant vice president at Toyotetsu Mid America. “By expanding TTMA’s capabilities today, we are building the foundation for sustained growth, operational excellence and long-term competitiveness for years to come. Toyotetsu Mid America’s legacy was built through hard work and continuous improvement. Our future will be defined by innovation, teamwork and the courage to invest in growth.”
TTMA continues to demonstrate its commitment to strengthening the communities it serves through a variety of educational, charitable and community-focused initiatives. The company is a proud supporter of Oasis Shelter in Owensboro, providing both financial contributions and volunteer support for programs and events that assist individuals affected by domestic violence. TTMA also maintains a strong partnership with Habitat for Humanity, contributing resources and support to help expand access to safe and affordable housing in the region.
In support of workforce development and inclusion, TTMA collaborates with Owensboro Community & Technical College to offer English language education opportunities for employees. The program is designed to enhance communication, promote inclusivity and equip team members with skills that support both personal and professional growth.
Established in 2001, Toyotetsu Mid America is a leading Tier 1 supplier to Toyota, specializing in the production of high-quality automotive components that contribute to vehicle safety, performance and reliability. The Owensboro facility is the second Toyotetsu manufacturing operation established in North America and continues to play a key role in the company’s regional growth and innovation.
Daviess County Judge/Executive Charlie Castlen praised the project.
“Daviess County Fiscal Court is excited to learn of TTMA’s plan to invest $41 million in their current facilities,” Castlen said. “Investments of this magnitude show a commitment to our community and show the confidence TTMA has in our people who work in that plant. Our community’s future is brightened by this announcement.”
Owensboro Mayor Tom Watson mentioned the company’s continued presence in the community.
“The city of Owensboro is excited about TTMA’s $41 million investment in their plant in Owensboro,” Watson said. “We are excited about the project and their continued investment and presence in the community.”
Claude Bacon, president and CEO of the Greater Owensboro Economic Development Corp., spoke on the importance of expansion projects.
“A $41 million reinvestment from a company that has called Owensboro home for over two decades tells you everything you need to know about this community,” said Bacon. “New investments get the headlines, but expansions like this one are the real proof. Toyotetsu didn’t just choose us once, they’re choosing us again. That’s not a bet on Owensboro’s potential. That’s a return on it. Thank you TTMA for your reinvestment in our community!”
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