Toyota investing $28M in Ann Arbor facilities, adding 60 jobs
Toyota plans to invest almost $30 million to expand its Ann Arbor-area Toyota Technical Center, resulting in 60 new jobs, MLive reported.
Bob Carter, Toyota Motor Sales U.S.A. senior vice president of automotive operations, said the Japanese-based automaker will invest $28 million in its Toyota Technical Center operations in Ann Arbor to develop engines and automatic transmissions for its vehicles in North America.
"We believe we are very well-positioned for another good year,” he said when announcing the investment during an Automotive Press Association meeting in downtown Detroit. The investment, Carter said, will result in 60 new jobs. In a release, Michigan Gov. Rick Snyder touted the investment to show "Toyota's commitment” to the state.
"Toyota is a global leader in the automotive industry and its growth in Michigan is welcome news for all of us," Snyder said. "Toyota's commitment strongly signals that Michigan offers an improved climate for increased business investment. We welcome this very positive decision."