Vuteq USA Pans $4.3 Million Investment To Expand Princeton, Indiana, Production Facility
01/31/2013
Vuteq USA’s Indiana facility manufactures and assembles instrument panel subassemblies, overhead system subassemblies and glass window subassemblies used in auto manufacturing. Its customers include Toyota Motor Manufacturing Indiana, Johnson Controls and Asahi Glass Company.
The company plans to equip its existing plant located at 819 E. 350 S. in Princeton, Indiana. The facility, which is located approximately one mile from Toyota Motor Manufacturing Indiana, will have new equipment installed by the end of May and be operational by June. Vuteq USA, which currently has 450 employees at its Indiana facility, has already begun the process of hiring new production and management associates.
“We have found southern Indiana to be a great place to continue growing. We have dedicated team members and are pleased to contribute to the surrounding community,” said Mike Tracey, plant manager of Vuteq USA’s Indiana plant. “We’d also like to thank Governor Pence, the state of Indiana and Gibson County officials for the opportunity to do so.”
“This investment could have gone to a number of facilities in neighboring states, but once again Indiana is coming out as the top choice due to our pro-growth environment and the unrivaled work ethic of Hoosiers,” said Gov. Mike Pence. “We're excited that Vuteq USA has chosen Indiana as a fixture in its long-term business plans and look forward to watching them continue to expand in the future."
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