Toyota Announces $600 Million Investment In Indiana Plant
Upgrades for Highlander Plant to Add 400 Jobs
Although the Detroit Three Automakers have received the lion’s share of attention since the inauguration of president Donald Trump, many foreign automakers have significant manufacturing investments in the U.S., chief among them Toyota. In the spirit of the current focus on U.S. manufacturing and jobs, Toyota Motor North America has announced an investment of $600 million in its Princeton, Indiana, plant in preparation for the next-generation Toyota Highlander midsize SUV. The investment will also result in an additional 400 jobs. The project will commence in fall 2019 and expand Highlander production by 40,000 units annually. The plant built 400,000 vehicles last year, the highest in the plant’s history.
Construction on the plant started in 1996, in preparation for the 2000 Tundra fullsize pickup. Full-scale manufacturing began in 1999. Production of the Sequoia fullsize SUV started in 2001. Production of the second-generation Tundra moved to Toyota Motor Manufacturing Texas near San Antonio. The Princeton plant currently builds the Sequoia, Sienna minivan, and Highlander. Toyota Motor Engineering and Manufacturing of North America has a total of 11 facilities across the U.S. in engineering, research and development, and manufacturing. In addition to its U.S. facilities, Toyota also has two plants in Canada that build the Lexus RX midsize SUV and Toyota RAV4. The company also has a plant in Baja California that builds the Tacoma midsize pickup to supplement output from San Antonio.