Toyota Sets More $1.4B for New e-SUV Line

URLhttps://www.americanmachinist.com/news/article/550
SourceAmerican Machinist
Date Published04/26/2024

Additional Reshoring Information:

Company/Division name Toyota
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):340
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):1400
Country(ies) from which reshored:Japan
City reshored to:Princeton
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredelectric SUV and lithium-ion battery packs
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