![\"\"](\"http:\/\/blog.ardmoretoyota.com\/wp-content\/uploads\/2013\/08\/2014_Toyota_Highlander_005-300x200.jpg\" "\\"2014_Toyota_Highlander_005\\"")
ERLANGER, Ky. (July 26, 2013) \u2013As consumer demand for Toyota\u2019s Highlander continues to grow, the company\u2019s Princeton, Ind., plant is planning to grow with it.\u00a0 Toyota announced today it will increase production of the Highlander mid-size SUV in late 2014 with a $30 million investment in Princeton.<\/p>\n
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The project will create more than 200 new jobs at Toyota Motor Manufacturing Indiana, Inc. (TMMI), with new team members helping to increase production volume by 15,000 units.\u00a0 This expansion raises total employment to approximately 4,700 and total plant investment to more than $4.2 billion.<\/p>\n
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Today\u2019s announcement is Toyota\u2019s 10th production increase announcement in the past 20 months including Toyota plants in Huntsville, Ala., Buffalo, W. Va., Georgetown, Ky., and Ontario, Canada.\u00a0 Cumulative investment total is approximately $2 billion, adding more than 4,000 jobs.<\/p>\n
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\u201cThis capacity increaseis to meet growing demand for the Highlander and is a part of our strategy to build vehicles where we sell them,\u201d said TMMI President Norm Bafunno. \u201cWe appreciate our loyal customers who value the quality products our dedicated team members build in Princeton, and we\u2019re excited to build even more Highlanders.\u201d<\/p>\n
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Toyota\u2019s Indiana plant builds a gas version of the popular Highlander and will begin producing the hybrid version before year-end.\u00a0 The new production volume added will be the gas model version.\u00a0 Soon, Highlanders born in Indiana will find new homes with drivers in Russia and Australia as TMMI is set to begin exporting to those countries later this year.<\/p>\n
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TMMI currently employs 4,500 team members and builds the Highlander, Sequoia full-size SUV and Sienna minivan.\u00a0 Current production capacity is 300,000 vehicles and will increase to 350,000 later this year as announced in February 2012.\u00a0 Today\u2019s news raises TMMI\u2019s annual capacity to 365,000 vehicles by late 2014.<\/p>\n
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Courtesy of Toyota USA Newsroom<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" ERLANGER, Ky. (July 26, 2013) \u2013As consumer demand for Toyota\u2019s Highlander continues to grow, the company\u2019s Princeton, Ind., plant is planning to grow with it.\u00a0 Toyota announced today it will increase production of the Highlander mid-size SUV in late 2014 with a $30 million investment in Princeton. The project will create more than 200 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1249","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\n