Toyota Motor Corp. will invest $600 million and add 400 jobs at an assembly plant in Princeton, Indiana, weeks after Donald Trump criticized Japan’s largest automaker for its plan to open a plant in Mexico.
The investment is part of a $10 billion spending plan over the next five years that the carmaker announced earlier this month to expand and modernize its U.S. factories, according to a company statement. The expansion in Indiana will boost production of the Highlander, Toyota’s second-best-selling sport utility vehicle in the U.S., by 40,000 units a year. The plant currently employs 5,100 workers.
