January 17, 2020

Toyota Finishes $1.3B Update Of Indiana Factory

Associated Press
Toyota says the $1.3 billion upgrade at its Princeton, Indiana factory will allow it to increase production of the Highlander SUV. - Photo provided by Toyota

Toyota says the $1.3 billion upgrade at its Princeton, Indiana factory will allow it to increase production of the Highlander SUV.

Photo provided by Toyota

Toyota says it has completed a $1.3 billion project modernizing an Indiana factory to boost vehicle production and adding 550 jobs.

The project at the Princeton assembly plant in southwestern Indiana included retooling, new equipment installation and adding advanced manufacturing technology so it could increase production of the Highlander SUV.

Toyota said Friday the project grew by $700 million and 150 new jobs from what it first announced for the factory three years ago.

Production recently began on the new 2020 Highlander at the factory, which now has about 7,000 employees.

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