Toyota makes $100M investment to boost Indiana Highlander production

Discussion in 'Industry News' started by NewsBot, Aug 25, 2014.

  1. NewsBot

    NewsBot Grand Toyotaholic

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    Toyota has announced that it will be making a $100 million investment in its Princeton, IN factory in a bid to increase production of its popular Highlander CUV. The move will create 300 new jobs by 2016 and increase the total number of crossovers the plant can produce by 30,000.

    Toyota currently builds the Highlander, alongside the fullsize Sequoia, at Toyota Indiana's West Plant. The additional capacity, though, will be sent to the East Plant, which is currently responsible for production of the recently refreshed Sienna minivan.

    "The Highlander has been a great product for our plant," Toyota Indiana President Norm Bafunno said in a statement. "Establishing Highlander as the 'bridge vehicle,' as we call it, between the East and West plants increases our ability to meet customer needs for our outstanding products. This exciting news is a true testament to the capability of our hard-working and dedicated team members."

    Take a look below for the full announcement from Toyota.Continue reading Toyota makes $100M investment to boost Indiana Highlander production

    Toyota makes $100M investment to boost Indiana Highlander production originally appeared on Autoblog on Mon, 25 Aug 2014 13:31:00 EST. Please see our terms for use of feeds.



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