Filed under: Plants/Manufacturing, Crossover, Toyota



Toyota is struggling with the rising yen, so much so that the automaker has been shifting vehicle production outside of Japan. That's bad news for laborers in Japan, but it works out in favor of the American workforce in Princeton, Indiana.

That's because Toyota has announced that it will hire 400 more workers and spend $400 million to ramp up production of the popular Highlander. Toyota plans to ship off the extra production to buyers in countries like Russia and Australia. The plant expansion and additional jobs will enable the Princeton plant to crank out 50,000 additional Highlander models each year.

Toyota plans to complete the upgrades to the Princeton facility by late 2013. Hit the jump to read over the Toyota press release.Continue reading Toyota to export Highlander from U.S. to Australia, Russia

Toyota to export Highlander from U.S. to Australia, Russia originally appeared on Autoblog on Sun, 12 Feb 2012 12:03:00 EST. Please see our terms for use of feeds.



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