Toyota Makes $1.4 Billion Investment in Right to Work Indiana
Toyota is investing $1.4 billion in order to expand in Right to Work Princeton, Indiana. As a result, the company will also create 340 new jobs!
From Area Development Magazine:
“Our team members are the heart of Toyota. […] We take great pride in producing quality products while providing long-term, stable employment no matter the changes in our industry. Our team is committed to delivering this new product with the same quality and performance that Toyota customers expect.” […]
“Indiana and Toyota share a nearly 30-year partnership that has cultivated job stability and economic opportunity in Princeton and the surrounding southwest Indiana region for decades. […] Toyota’s investment in the state began with an $800 million commitment and has grown to over $8 billion. Today’s incredible announcement shows yet again just how important our state’s business friendly environment, focus on long-term success and access to a skilled workforce is to companies seeking to expand and be profitable far into the future. Indiana proudly looks forward to continuing to being at the center of the future of mobility.”
AREA DEVELOPMENT MAGAZINE
To read the previous economic update on Right to Work states, click here.