Toyota Boshoku America to Locate in Northern Kentucky
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Toyota Boshoku America has selected Erlanger in Northern Kentucky as the location for its North American home office. The company, which plans to hire 100 employees over the next two years, will occupy 23,000 square-feet of Class A office space in the Dolwick Business Center. |
"We are very proud to join our fellow Toyota companies in Kentucky and locate our North American home office in Erlanger for many reasons, including the proximity to Toyota’s facilities and our joint manufacturing plants in the state," said Sunao Yamamoto, President, Toyota Boshoku America, Inc. "Toyota Boshoku plans to expand its presence and sales in the U.S. and Northern Kentucky."
Toyota Boshoku plans to commence operations in the new Home Office by August, 2007 and has an option on additional space in the building.
"Toyota has a strong presence and has made significant investments in Kentucky with Toyota Motor Engineering & Manufacturing North America, Inc. in Erlanger and Toyota Motor Manufacturing Kentucky in Georgetown," said Governor Ernie Fletcher. "We welcome Toyota Boshoku America’s North American home office to the fold of Toyota companies located in Kentucky."
Toyota Boshoku received preliminary approval for up to $2.1 million in tax incentives under the Kentucky Jobs Development Act (KJDA) by the Kentucky Economic Development Finance Authority (KEDFA) in March 2007. The company is also seeking a grant for job training.
Site Selection magazine recently ranked the Cincinnati/Northern Kentucky region No. 5 in its annual new and expanded businesses ranking, while Kentucky ranked 7th in Site Selection’s Annual Business Climate Rankings in 2006.
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