to invest $600 mil., add 400 jobs at U.S. plant
Toyota Motor Corp. said Tuesday it will invest $600 million and
add 400 jobs at one of its U.S. plants weeks after U.S. President
Donald Trump took aim at the Japanese automaker for its plan to open
a plant in Mexico.
The investment will be used for retooling, new equipment and
cutting-edge technologies at its Princeton, Indiana factory to add
production of 40,000 Highlanders annually.
The project is scheduled to begin in fall 2019. The plant
produced 400,000 vehicles in 2016 and currently employs about 5,300
workers. (Jan. 24)