Toyota Motor Corp. said Tuesday it will invest $600 million and add 400 jobs at one of its U.S. plants, making the announcement a few weeks after U.S. President Donald Trump took aim at the automaker's investments in Mexico.
The project is part of Toyota's plan to spend $10 billion on capital investments in the United States over the next five years, as announced on Jan. 9.
The investment will be used for retooling, new equipment and cutting-edge technologies at its Princeton, Indiana, plant in order to manufacture an additional 40,000 Highlanders per year, Toyota said in a statement.