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USHCC Commends Lexus Plan to Create Jobs in the U.S.



USHCC Commends Lexus Plan to Create Jobs in the U.S.

WASHINGTON, April 19, 2013 (GLOBE NEWSWIRE) -- The United States Hispanic
Chamber of Commerce today commended Toyota for its plans to begin production
of the Lexus ES 350 at its Georgetown, KY plant in 2015. Building the Lexus
automobile, the first time the luxury brand will be produced in the U.S., will
result in 750 new jobs.

"Toyota, a strong partner of the USHCC, has long understood the power of the
American workforce to create a high quality product that American consumers
want," said USHCC President & CEO Javier Palomarez. "As we strive to reach a
full economic recovery in the U.S., it is encouraging to see global companies
like Toyota creating jobs and promoting economic development by investing in
America."
 
The Georgetown plant currently employs 6,600 individuals. The 750 news jobs
will bring a $360 million investment to the plant and increase the facility's
production to 550,000 automobiles a year.
 
After the announcement, Akio Toyoda, president of Toyota Motor Corporation
stated, "Lexus was founded in the United States, so it's only fitting that we
are bringing the production of luxury sedans for our U.S. customers back to
where the brand was born. Today's announcement is a major step in our Global
Vision to make ever better cars and trucks, give regions greater autonomy to
make the products their customers want and achieve sustainable growth
globally."

"The USHCC recognizes the crucial need for further corporate investment in
communities across America," said USHCC Chairman Marc Rodriguez. "Fortunately,
Toyota has made a commitment to increasing employment opportunities and
growing the U.S. economy."
 
About the USHCC

Founded in 1979, the USHCC actively promotes the economic growth and
development of Hispanic entrepreneurs and represents the interests of over 3
million Hispanic-owned businesses across the United States that contribute in
excess of $465 billion to the American economy each year. It also serves as
the umbrella organization for more than 200 local Hispanic chambers and
business associations in the United States and Puerto Rico. Follow us on
Twitter @USHCC
 

CONTACT: Valentina Pereda, USHCC Communications Manager
         202-735-7729
         vpereda@ushcc.com
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