Published • loading... • Updated
Toyota Investing $34 Million in Indiana Plant, Adding 50 Jobs
The investment will fund new assembly operations and logistics upgrades as Toyota prepares to build its first Scion by Toyota vehicle.
- On Tuesday, Indiana Gov. Mike Braun announced Toyota Motor Manufacturing Indiana will invest $34 million at its Princeton facility, creating about 50 jobs to produce the new KEI-01 compact utility truck.
- Toyota Indiana President Jason Puckett cited the Hoosier workforce's 'proven track record' for selecting Princeton, while the company identified market opportunity for a smaller utility truck with a 660 cc gas engine.
- Celebrating 30 years of production this year, the Princeton facility employs nearly 8,000 people and has received more than $8.2 billion in investment, currently assembling three Toyota models and one Lexus model.
- Princeton Mayor Greg Wright noted the city is building a new sewer utility to support the expansion, identifying housing as the next community challenge with 50 jobs arriving.
- As the first vehicle from the new Scion by Toyota brand, the KEI-01 will arrive in the United States in the second half of 2027, positioning Toyota to explore new approaches to mobility.
Insights by Ground AI
16 Articles
16 Articles
Toyota to Bring Mini Kei Trucks to US Market in 2027
Toyota will introduce its ultra-compact Japanese kei trucks to the US market in the second half of 2027, initially targeting fleet customers. The company will assemble the vehicles in Indiana, invest $34 million and create 50 jobs.
·Budapest, Hungary
Read Full Article
Toyota Investing $34 Million in Indiana Plant, Adding 50 Jobs
PRINCETON, Ind. — Toyota plans to invest $34 million and add about 50 jobs at its Princeton manufacturing facility, where the company will begin building a new compact utility truck. Indiana Gov. Mike Braun announced the expansion Tuesday at Toyota Motor Manufacturing Indiana. The investment will fund new vehicle assembly operations and upgrades to production […]
Coverage Details
Total News Sources16
Leaning Left1Leaning Right2Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
Factuality
To view factuality data please Upgrade to Premium
