Motor Corp. plans to invest $30 million in its Princeton, Ind.,
facility to increase production of its Highlander sports
utility vehicle by 15,000 units in late 2014.
This expansion is
expected to add 200 jobs and raise head count to 4,700. The
facilitys annual capacity will increase to 365,000 units,
according to the automaker.
increase is (designed) to meet growing demand for the
Highlander and is a part of our strategy to build vehicles
where we sell them," Toyota Motor Manufacturing Indiana
president Norm Bafunno said in a statement.
Toyotas Indiana plant builds a gas version of the
Highlander and will begin producing the hybrid version before
year-end. The new production volume added will be the gas
model. Toyota expects to begin exporting Indiana-built
Highlanders to Russia and Australia later this year.