Toyota to Add 1,400 Jobs, Production for Two New SUVs at Indiana Plant

SourceIndustry Week
Date Published04/29/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Toyota Motor Manufacturing Indiana Inc.
Parent companyToyota Motor Corporation
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1400
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2021
Domestically, the work will be done:In-house
Capital investment ($):803
Country(ies) from which reshored:Japan
City reshored to:Princeton
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredelectrified SUVs, Lexus SUVs
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Under-utilized capacity
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