Toyota Indiana will add 400 jobs to its Princeton, IN plant with a $600 million investment to meet the strong and growing demand for the Highlander midsize SUV and modernize the plant. The investment will be used for retooling, new equipment and advanced technologies to make the plant more competitive. The project is scheduled to begin in fall 2019 and will add capacity to build an additional 40,000 Highlanders annually. This expansion project is part of Toyota’s localization strategy. At the 2017 North American International Auto Show in Detorit, Jim Lentz, CEO Toyota Motor North America, announced that the company would, quote]“Invest an additional $10 billion in the U.S. over the next five years. This investment will be used to make the existing plants even more competitive.”[/quote] The Princeton, Indiana plant produced over 400,000 vehicles last year, the highest in its 20-year history. The third-generation Highlander made its debut at the Indiana plant in 2013 and has continually exceeded customer expectations. The Highlander received the 2017 Top Safety Pick+ award from the Insurance Institute for Highway Safety recognizing good crash protection across the board.