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Vuteq Expansion Announced  E-mail

An auto parts maker has put their expansion plans in stone.
Vuteq makes instrument panel assemblies for Toyota and two other customers, and after negotiating an incentive plan late last year with county officials - formally announced a $4.3 million dollar expansion to their plant south of Princeton, one that will add nearly 100 new jobs.
Indiana Governor Mike Pence was on hand as the the company formally committed to the expansion, using up to $850,000 in TIF funds to partially finance the plan - and money they can't claim until the new team members are hired and on the job.
Vuteq currently employs about 450 team members, and officials say they're already hiring the new management and production associates.

 

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