Friday, February 10 2012
Toyota Motor Manufacturing Indiana, Inc. (TMMI) announced plans today to expand its operations here, creating approximately 400 new jobs by 2013.
The company will invest $400 million total with $131 million going directly to its Princeton plant to consolidate its Highlander mid-size SUV production to this location, including both hybrid and export versions. Production is expected to begin in late-2013 with annual Highlander production volume expected to increase by approximately 50,000 units at TMMI.
“The Hoosier State has made great strides towards providing the best possible business climate in the nation and having a multi-national company like Toyota consolidate operations to Indiana and produce one of our state’s first hybrid vehicles is evidence to the success we’ve achieved,” said Governor Mitch Daniels.
Established in Gibson County in 1996, Toyota’s Princeton plant was the second recognized wholly-owned Toyota plant in North America. TMMI currently employs 4,800 associates, of which 4,000 are Hoosiers, and builds the Highlander, Sequoia full-size SUV and Sienna minivan at its Princeton facility. The hiring of new manufacturing associates will coincide with facility and machinery upgrades.
“This project allows for better utilization of the Indiana plant, and will help Toyota capitalize on the improving North American and global auto market,” said Steve St. Angelo, executive vice president of Toyota Motor Engineering & Manufacturing North America, Inc. “In addition to new jobs at the Indiana plant, this project will increase opportunities and jobs for our North American supply base.”
The Indiana Economic Development Corporation offered Toyota Motor Manufacturing Indiana, Inc. up to $2.7 million in conditional tax credits and up to $200,000 in training grants based on the company’s job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. Gibson County will consider additional incentives at the request of the Gibson County Economic Development Corporation.
“Toyota has been an integral part of the Princeton community, not only with the employment of our residents but also with the infusion of millions of dollars into the local community,” said Princeton Mayor Robert Hurst. “The company’s charitable donations have also been significant with more than $13 million given to local charities and schools and for that we are very grateful.”
Wednesday, November 02 2011
Toyota today announced plans to begin exporting U.S.-built Sienna vehicles to distributors in South Korea.
The Sienna is produced at Toyota’s manufacturing plant in Princeton, IN. A top seller in the U.S., Canada and Mexico, this is the first time the vehicle will be exported outside of North America. Shipments are scheduled to begin in early November.
Toyota began exporting U.S.-built vehicles in 1988. These exports increased 30% in calendar year 2010 to about 100,000 units. With the start of these shipments to South Korea, Toyota will now export U.S.-assembled vehicles to 19 countries around the world.
Other export vehicles include the Georgetown, KY-produced Avalon sedan, the Princeton, IN-produced Sequoia SUV and the San Antonio, TX-produced Tacoma and Tundra pick-up trucks. Combined, these three U.S. plants directly employ more than 12,500 team members. They are also responsible for an estimated 65,000 other U.S. jobs at vendors and suppliers.
“Toyota’s North American operations are constantly working to identify and expand new export opportunities for the vehicles we produce here, building on our extensive investments in auto production, research and development in the U.S. and helping to maintain a strong, stable base of jobs,” said Yoshimi Inaba, president and COO of Toyota Motor North America, Inc. “With this development and other possible achievements in the future, we hope to continue boosting exports from our North American operations.”
Sienna exports to South Korea are initially forecasted at approximately 600 units annually.
Thursday, June 09 2011
Toyota Motor Manufacturing Indiana Inc. in Princeton is expected to return to 100 percent production today. The facility had been running at 30 percent capacity because of part shortages after the earthquake in Japan. The automaker announced plans last month to add 40 workers when full production resumed.
Because of an improved parts pipeline, Toyota Motor Manufacturing, Indiana announced on May 11 that full production would resume at the plant beginning on June 6. In May, the plant was running at approximately 30 percent capacity to conserve the parts supply.
With production returning to 100 percent, TMMI also announced the addition of 40 new Aerotek members to the production team. Aerotek provides variable staffing services to the Indiana plant.
Individuals interested applying for positions with Aerotek should visit its website at aerotekin.com.
TMMI has paid more than $48 million in local property taxes since 1997 and donated more than $13 million since 1996 to local community organizations that support youth and education, health and human services, civic and community and arts and culture.
Wednesday, May 18 2011
PRINCETON, IN - Hundreds of nonprofit organizations, including 13 from the Tri-State are competing for votes on Facebook, which could help them win a new vehicle from Toyota.
Five hundred finalists have been selected for the company's social media campaign titled "100 Cars For Good".
Each day for 100 days, five of the organizations will compete for votes on the social networking site. The one with the most votes at the end of each day will receive a new vehicle, with the other four receiving one thousand dollars.
The 13 Tri-State organizations taking part in the contest, along with their specific voting dates are listed below.
To take part in voting, click here.
Friday, January 28 2011
The number of cars made Toyota Motor Manufacturing Indiana's Princeton facility more than doubled in 2010. The company also reports a slight decrease in Camry production at Subaru Indiana Automotive Inc. in Lafayette.
Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) announced today that the company’s assembly plants produced 1,456,887 vehicles in 2010, an 18 percent increase compared to 2009.
*TMMWV’s total automatic transmission production for 2010 was 284,543.
Source: Toyota & Inside INdiana Business http://www.insideindianabusiness.com/newsitem.asp?ID=45876
Thursday, July 22 2010
A Canadian auto supplier is expanding in Gibson County. Windsor Machine Group plans to hire 50 employees at its Princeton plant to help fill orders for Ford Motor Co. (NYSE: F). The company currently employs 32 at the Gibson County operation, which produces headrests for Toyota Motor Manufacturing Indiana Inc.
Windsor Machine Croup, makers of automotive headrests, seating components, exhaust suspension systems, modular assemblies, rubber and plastic products and structural brackets and braces; headquartered in Windsor, Ontario is expanding it's Princeton, Indiana plant in Gibson County and will hire 50 new employees.
"With the help of the Gibson County Economic Development Corporation, Economic Development Coalition of Southwest Indiana, Indiana Office of Community and Rural Affairs, and the Gibson County Commissioners we were able to secure a $500,000 Disaster Recovery Grant through a Community Development Block Grant program to purchase a Konal Polyurethane Foaming Assembly Line Machine which will allow us to fill orders for Ford Motor Company in both Kansas City, Missouri and Louisville, Kentucky said Windsor CFO Dave Zultek.
B. Todd Mosby, President and CEO of the Gibson County Economic Development Corporation stated the news will be welcomed by residents in the tri-state. He said, "The Gibson County Commissioners will be the actual owners of the property for the first 5-years as Windsor works to complete criteria set forth in the grant. Once the criteria is met, Windsor will take 100% possession of the machine."
Windsor Machine Group currently employs 32 people in their Princeton plant where they produce headrests products for Toyota Motor Manufacturing, Indiana.
The Gibson County Economic Development Corporation is a 501 c(3) not-for-profit corporation located at 202 E. Broadway Street in Princeton. The Gibson County Economic Development Corporation was formed in 2006 with a mission to coordinate, assist, and advise Gibson County in economic development activities.
Source: Gibson County Economic Development Corporation & Inside INdiana Business
Thursday, June 24 2010
Toyota Motor Manufacturing Indiana Inc. (TMMI) is planning to add 100 new temporary production workers. The hiring effort follows an announcement that Highlander production at the Princeton facility will increase. Our partners at the Evansville Courier & Press report TMMI has not hired any production workers since 2006.
It released approximately 370 temporary workers in 2007.
The hiring of the 100 temporary workers in the coming weeks is being handled by Toyota's staffing agency Aerotek.
Those jobs could become permanent if Toyota vehicle demand continues to improve.