TOYOTA PRODUCTION EXPANSION

gibsoncountyindiana

Major economic news Wednesday. Toyota announced that the company is investing over $800 million and creating an additional 1400 jobs at the Princeton Indiana auto-manufacturing plant. That is in preparation for the introduction of two all-new electric three row SUVS designed for the active Generation Y American family. Indiana Governor Eric Holcomb was among the many dignitaries on hand at the facility in Gibson County for the announcement. Production of the new vehicles is expected to begin in mid to late 2023.  Experts say the news is an economic boon to the southwestern Indiana and southeastern Illinois areas.