Rep. Hostettler responds to Toyota's plan to invest $1.4B in Princeton facility

Posted by: Braden Dunlap  | Thursday, April 25, 2024

Note to the Press – State Rep. Matt Hostettler (R-Patoka) issued the following statement today in response to Toyota's plan to invest $1.4 billion at its Princeton facility, adding 340 new jobs and bringing Toyota's total investment in Indiana to $8 billion. The company’s investment will provide new plant infrastructure, including a new battery pack assembly line at the facility, to support production of the all-new battery electric SUV at Toyota Indiana. To support its growth, Toyota plans to create up to 340 new jobs by the end of 2025. The company already employs more than 7,500 associates in southwest Indiana to support production of the Toyota Sienna, Highlander, Grand Highlander and the Lexus TX.

STATEHOUSE (April 25, 2024) – "Indiana's business-friendly climate is continuing to pay dividends for Hoosiers, and I'm pleased to see that our area will see yet more job growth and investment with today's announcement. Toyota is not just a major employer but a strong community partner as well, and it's great to have them in our corner of the state. I'm excited to see this investment boost the Princeton facility, which will help ensure Gibson County remains a manufacturing leader for years to come."

Click here for a copy of Gov. Eric Holcomb's full announcement.

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State Rep. Matt Hostettler (R-Patoka) represents House District 64,
which includes portions of Gibson, Knox and Vanderburgh counties.

Click here to download a high-resolution photo.