TMMI Includes Princeton Plant As part of Billion-Dollar Overall Investment

Toyota Motor North America is investing in its Princeton plant to ramp up production for both electric and high-demand gas vehicles.

The Princeton plant is designated $200 million to boost production of the Grand Highlander SUV. This funding is part of a larger $10 billion five-year plan for U.S. operations.

Also, the Georgetown, Kentucky plant will receive $800 million to prepare for its second battery-electric vehicle and increase output of the Camry and RAV4.