An $803 million investment enables Indiana plant to assemble two new SUVs.
November 21, 2023
PRINCETON, IN—Toyota Indiana celebrated a major milestone today as the plant started production of the first-ever Lexus TX, an all-new, three-row luxury SUV. The 2024 TX is the first Lexus SUV to be assembled in the U.S., and the first Lexus for Toyota Indiana.
INDIANAPOLIS—In August, Roll-Royce completed a six-year, $600 million modernization of its manufacturing campus in Indianapolis. The revitalized campus is now highly efficient and will improve competitiveness in an increasingly contested marketplace for aircraft propulsion and power equipment. The energy efficiency of the buildings has also been improved significantly and will help Rolls-Royce achieve its goal of net-zero carbon emissions in operations by 2030.
PRINCETON, IN—Toyota is investing $803 million to produce two new electric vehicle models at its assembly plant here. The project is expected to create approximately 1,400 new jobs by the end of 2023.
In November, Cook Group Inc. announced plans to invest $7 million to build a 40,000-square-foot assembly plant on the northeast side of Indianapolis, creating 100 jobs for residents in an impoverished neighborhood.
INDIANAPOLIS—Vibromatic Co. Inc., a supplier of parts handling and feeding equipment, has been inducted into the Indiana Manufacturers Association’s (IMA) Hall of Fame.
WEST LAFAYETTE, IN—A manufacturing program at Purdue University recently announced nearly $18 million in federal funding to expand its work with Indiana businesses.
RICHMOND, IN — Primex Plastics Corporation has dedicated its three divisions to producing vital materials for first responders and medical professionals in New Jersey and Indiana.
SEYMOUR, IN –Cummins Inc. has announced it will change shift patterns and reduce hours for employees at three local manufacturing facilities due to the statewide stay-at-home order.