Toyota plans to relocate nearly 1600 jobs from its Erlanger, KY facility. The car company says it is building a new headquarters in Plano, Texas.
Beginning this summer, approximately 1,000 jobs at Toyota Motor Engineering & Manufacturing North America, Inc. (TEMA) in Erlanger will be relocated in small batches to Texas. The majority, however, won't move until the new headquarters are built, which could be in late 2016 or early 2017.
Northern Kentucky's Tri-County Economic Development Corporation (TRI-ED) now has strong numbers to back claims that it continues to attract local, national, and international companies to Boone, Kenton and Campbell counties.
A new report on state economic conditions says that Kentucky is still on the road to recovery from the recession.
Kentucky Chamber of Commerce president Dave Adkisson said a new report released by the chamber examining data in jobs, wages and housing market growth shows the state has been slowly climbing out of the 2008 recession.