Toyota to spend USD100m to boost production


(MENAFN) Toyota announced it will spend USD100 million to boost production of the Highlander SUV at its southwestern Indiana factory, The Peninsula Qatar reported.

Company officials said the project would allow it to build up to 30,000 more Highlanders a year at the factory near Princeton, about 25 miles north of Evansville.

The factory, which began production in 1998, now has about 4,700 workers, with plans to add 300 workers in the next couple of years, and also produces Sienna minivans and Sequoia SUVs.

"The Highlander has been a great product for our plant. With suppliers in all corners of the state, Toyota is helping to strengthen and grow Indiana's economy," the president of Toyota Indiana said.


MENAFN

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