Toyota to invest $1.4 bln in its Indiana plant, adding 340 new jobs

Toyota to invest $1.4 bln in its Indiana plant, adding 340 new jobs

Thursday, April 25, 2024

April 25 (Reuters) - Toyota Motor Corp (7203.T), opens new tab said on Thursday it would invest $1.4 billion in its Princeton facility in Indiana to prepare for assembly of a three-row battery electric SUV.

This brings up Toyota's total investment in Indiana to $8 billion and adds up to 340 new jobs at the Japanese automaker.

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