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Toyota Indiana Factory Will Add 400 Jobs

Image: Toyota Indiana Factory Will Add 400 Jobs

Rick Twitty installs seats into 2012 Toyota Highlander vehicles at the Toyota Motor Manufacturing Indiana, Inc., plant in Princeton, Ind., on Wednesday, Feb. 8, 2012. (AP Photo/The Evansville Courier & Press, Erin McCracken)

By    |   Wednesday, 25 Jan 2017 10:23 AM

Toyota plans to 400 jobs to an Indiana factory, where it will invest $600 million to increase production of its SUVs.

Toyota made the announcement Tuesday, saying the investment could help the Princeton factory, located in southwestern Indiana, produce 40,000 additional Highlanders per year, starting in 2019, The Associated Press reported.

“Over the next three years, we will be updating our plant, bringing in advanced technologies to set us up for a very bright future,” Toyota Indiana President Millie Marshall said, according to the AP.

“This expansion project is part of Toyota’s localization strategy to build vehicles where they are sold,” the company said in a statement on Tuesday, according to Bloomberg.

This comes after President Trump met with CEOs of the Detroit automakers, making it clear that he wanted to see more factories being built on American soil, which came weeks after he slammed Toyota for its plan to open a plant in Mexico, Bloomberg noted.

In early January, Trump addressed the Japanese automaker in a tweet, saying the company would have to pay a “big border tax” if it wanted to import vehicles into the U.S. from Mexico.

Trump has also criticized Ford Motor Co., General Motors Co., and Germany’s BMW AG for building cars and factories outside of the U.S. and then importing them to the states.

This won’t be the first time Toyota has implemented a project geared toward increasing production at the Indiana plant. In 2014, the company announced a $100 million project that was focused on producing more Highlanders there, the AP noted.

Toyota opened its Indiana factory in 1998, according to U.S. News. The factory currently has 5,000 employees and produced some 400,000 vehicles in 2016, which was 25,000 more than what was produced the year prior.

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Toyota plans to 400 jobs to an Indiana factory, where it will invest $600 million to increase production of its SUVs.
toyota, indiana, factory, jobs
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2017-23-25
Wednesday, 25 Jan 2017 10:23 AM
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