Where is Toyota Motor Manufacturing Investing $803 Million?

Toyota Motor Manufacturing will soon be investing $803 million toward an expansion in Right to Work Princeton, Indiana. This will allow then to produce two new types of electric vehicles which will help offset total vehicle carbon emissions. In addition, they will also increase their number of workers. In fact, they plan to create around 1,400 new jobs for the area. So this will be good for the economy!

From Area Development Magazine:

“Over the past 20 years, Toyota has led the way with more electrified vehicles on the road than all automakers combined. […] This investment and new vehicle line-up will only allow us to continue our work with electrification, expand our portfolio to around 70 models globally by 2025, and meet the needs of our customers while allowing us to accelerate toward a net-zero carbon future.” […]

“Toyota has been an incredible partner to the state of Indiana for nearly 25 years. We’re thrilled to continue that partnership in order to drive our economy forward. […] Indiana is proud to be home to the highest concentration of manufacturing jobs in the nation, while providing a skilled workforce that is contributing to the success of companies across a variety of industries. I can’t thank Toyota enough for the role they play in the strength of our manufacturing sector.”


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