Toyota moving Camry production to Subaru's Indiana facility

Toyota has announced that it will move its best-selling Camry sedan assembly to Subaru's underutilized Lafayette, Indiana plant. The changeover will free up capacity at the company's main car factory in Kentucky to build a 'new tall station wagon.'

Of course, Toyota isn't going it alone... it'll have the faith and trust of $94 million in state and local government incentives Subaru acquired when the plant was announced in 1989.

According to the Indianapolis Star, the automaker is expected to announce that it will hire 1,000 workers at the plant as early as Monday.

[Source: United Press International]