You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • PHD to add 22 jobs in Huntington
    PHD Inc., a manufacturer and supplier of industrial automation components, will invest more than $4 million and add up to 22 jobs at its Huntington plant, the Fort Wayne-based company announced Wednesday.
  • Integrity earns BBB honors
    FORT WAYNE – Four local businesses and one nonprofit were recognized for high integrity today by the Better Business Bureau Serving Northern Indiana.
  • Toyota sells 2.58 million vehicles, outselling GM
    Toyota kept its position at the top in global vehicle sales for the first quarter of this year, outpacing rivals General Motors and Volkswagen. Toyota Motor Corp.
Advertisement

Toyota to build Lexus in Kentucky, add 750 jobs

GEORGETOWN, Ky. – Toyota will start building the Lexus ES 350 at its Georgetown plant in 2015, producing the luxury brand for the first time in the United States.

The Japanese car company said Friday that the Georgetown plant will build about 50,000 of the vehicles each year, creating 750 new jobs.

The Georgetown plant currently assembles the Camry, Avalon and Venza models as well as their hybrid counterparts. The plant employs about 6,600 people.

Toyota said it will invest $360 million to build the Lexus assembly line, boosting Georgetown’s annual vehicle production to 550,000 a year.

The Kentucky Economic Development Finance Authority approved $146.5 million in state tax incentives on Wednesday to help with the cost of the expansion.

Advertisement