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Toyota Confirms Lexus Production in U.S.

Toyota Motor Corp. will begin making Lexus ES 350 luxury sedans at its assembly plant in Georgetown, Ky., in 2015, as expected.

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Toyota Motor Corp. will begin making Lexus ES 350 luxury sedans at its assembly plant in Georgetown, Ky., in 2015, as expected.

Toyota will spend $360 million and will receive $147 million in state tax incentives to add a dedicated Lexus assembly line at the factory. The expansion will create 750 jobs and boost the plant's annual capacity by 50,000 units to 550,000 vehicles.

Kentucky Gov. Steven Beshear says the company plans to invest another $171 million in other unspecified plant upgrades.

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