Toyota Motor Manufacturing Indiana, Inc. (TMMI) announced plans today to expand its operations here, creating approximately 400 new jobs by 2013.The company will invest $400 million total with $131 million going directly to its Princeton plant to consolidate its Highlander mid-size SUV production to this location, including both hybrid and export versions. Production is expected to begin in late-2013 with annual Highlander production volume expected to increase by approximately 50,000 units at TMMI. “The Hoosier State has made great strides towards providing the best possible business climate in the nation and having a multi-national company like Toyota consolidate operations to Indiana and produce one of our state’s first hybrid vehicles is evidence to the success we’ve achieved,” said...
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