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Toyota Princeton Announces Major Investment, New Jobs at Gibson County Plant

Toyota says it will invest $803 million and add 1,400 new jobs at its Princeton, Indiana auto manufacturing plant.

Posted: Apr 28, 2021 10:56 AM
Updated: Apr 28, 2021 7:30 PM

Executives from Toyota Motor Manufacturing in Princeton announced a new $803 million investment that will add 1,400 new jobs.

The company will add two new yet to be named SUVs. The Lexus brand is among one of those that will be built here in the Tri-State.

Specifics about how the SUV will be powered were not given, but the company said it would be "electrified." That could mean it will be a pure battery-electric vehicle, a plug-in hybrid that gets some of its power from being charged through electricity or a traditional hybrid that generates the electric power it uses while being powered by gasoline.

Toyota currently manufactures the Highlander and its hybrid model, Toyota Sequoia and Sienna vehicles. Toyota employs nearly 7,300 people at the Gibson County facility.

Toyota also said that the new SUVs will have "a semi-automated driving system," which will allow for hands-free driving "in certain conditions," as well as a remote parking feature that lets the driver park while outside the vehicle using a smartphone.

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