Camry Production Begins In Indiana $230
million investment creating 1,000 jobs at Subaru plant
Subaru of Indiana Automotive (SIA) and
Toyota held a ceremony today to commemorate production of the
plant's first Toyota Camry.
In March 2006, SIA parent Fuji Heavy
Industries (FHI) and Toyota announced a collaborative agreement
that would include Camry production at SIA.
A $230 million investment gives SIA the
capacity to produce 100,000 Camrys per year. Camry production
will add 1,000 associates for a total of more than 3,200 at SIA.
Attending the ceremony were FHI president Ikuo
Mori and Toyota Motor Corporation president Katsuaki Watanabe. They
congratulated SIA associates and Toyota team members involved in the
project's development for their hard work and commitment to building
America's best-selling car at SIA.
"Production of the Camry at SIA represents an
important start to our business collaboration with Toyota," said Mori.
"Together, we were able to accomplish this goal in a short period of
time through the efforts of all associates involved in this project."
"Fuji and Toyota faced many challenges for
Camry production, including a short amount of preparation time, and we
are grateful for the hard work of our associates and team members," said
Watanabe. "We look forward to growing a long-term relationship with
Fuji, SIA and the local community."
"The Camrys are rolling and so is Indiana,"
said Governor Mitch Daniels. "We are honored by the new investment in
our state and the confidence in Hoosier workers."
To thank the local community for its support,
SIA and Toyota yesterday announced a $60,000 donation to the Columbian
Park Zoo for its owl exhibit.
In addition to the Camry, SIA builds the Subaru
Tribeca, Outback and Legacy. SIA produced about 120,000 Subarus in 2006.