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Toyota suspends production for a day in Princeton
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Toyota suspending production Friday in Princeton
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Toyota Suspending Production Friday in Princeton
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Focus Now on Workforce for Toyota, Region
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(IIB Photo/Wes Mills)
Posted:
Apr 27, 2021 / 04:28 PM EST
PRINCETON, Ind. (Inside INdiana Business) Executives from Toyota Motor Manufacturing Indiana Inc. in Princeton will Wednesday make an economic development announcement. Few details are available, however Governor Eric Holcomb will be on hand for the event.
TMMI has made two major investments in the Gibson County plant over the past few years. In 2017, the company detailed plans to invest $600 million and create up to 400 jobs to help meet growing demand for the mid-size Highlander SUV.
Almost precisely three years later, Toyota announced an additional $700 million investment, which would create up to 150 more jobs by the end of 2022. The company also unveiled a $1 million commitment to create a regional workforce program to connect high school students with career opportunities in advanced manufacturing.