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Toyota Motor Manufacturing Indiana Inc. in Princeton has begun production of the 2014 Highlander. The new line is the result of a $430 million investment involving 600 new jobs announced last year by the automaker.

December 5, 2013

News Release

Princeton, Ind. — Hoosier pride was felt deep and wide on the plant floor of Toyota Motor Manufacturing, Indiana this morning as the company celebrated the start of production of the all-new 2014 Highlander.

TMMI team members and area citizens have much to celebrate, as the popular midsize SUV is responsible for $430 million additional investment and more than 600 jobs at the Princeton automotive plant.

“Automotive manufacturers and suppliers around Indiana are putting their expansion plans into gear, creating jobs and more opportunities in every corner of the state,” said Indiana Lieutenant Governor Sue Ellspermann. “With Toyota's launch of production for the new Highlander right here in the Hoosier State, we are witnessing an economy driving forward. From our world-class workforce to our low cost of doing business, Indiana proves daily that it is a state that works for automotive manufacturing.”

The Princeton plant builds a gas version of the Highlander and will begin producing the hybrid version early next year. Highlanders born in Indiana will find new homes with drivers in the Russian and Australian regions as TMMI expands its export reach.

Highlander export business allows for better utilization of the Indiana plant, and helps capitalize on the improving North American and global auto market. In addition to the new jobs created at the Indiana plant, this project increases opportunities and jobs for Toyota’s North American supply base.

2014 new Highlander features

• All-new exterior with three-row seating for up to eight,

• Increased cargo capacity,

• Three power train choices: a fuel-efficient four-cylinder engine, a powerful V-6 with a new six-speed transmission, and a V-6-powered Hybrid Synergy Drive,

• Entune Audio with Bluetooth phone and streaming music and touch-screen display,

• Integrated backup camera,

• STAR Safety System, includes Enhanced Vehicle Stability Control, Traction Control, Anti-Lock Brake System, Electronic Brake-Force Distribution, Brake assist and Smart Stop Technology,

• Adjustable height power rear liftgate and flip-up rear hatch window, and

• Eight-way power driver seat.

“The all-new Highlander is a dynamic, stylish SUV and its quality craftsmanship and the fact that it will be exported to the Russian and Australian markets is a testament to the hard work and dedication of our team members,” Bafunno said. “This really is a milestone for our entire team,”

Sheila Showalter, Quality Assurance team leader, couldn’t agree more. “When I started here 16 years ago, I was one of 1,300 team members in the West Plant and we were only building the Tundra. It is exciting to be a part of something this big.”

Representing a $4.2 billion investment, TMMI currently employs about 4,500. By the end of 2014, Toyota will directly employ 4,700 team members. The Princeton plant also produces the Sequoia full-size SUV and Sienna minivan.

About Toyota

Toyota, the world's top automaker and creator of the Prius, is committed to building vehicles for the way people live through our Toyota, Lexus and Scion brands. Over the past 50 years, we’ve built more than 25 million cars and trucks in North America, where we operate 14 manufacturing plants (10 in the U.S.) and directly employ nearly 40,000 people (more than 37,000 in the U.S.). Our 1,800 North American dealerships sold more than 2.3 million cars and trucks in 2012 – and about 80 percent of all Toyota vehicles sold over the past 20 years are still on the road today.

Toyota partners with philanthropic organizations across the country, with a focus on education, safety and the environment. As part of this commitment, we share the company’s extensive know-how garnered from building great cars and trucks to help community organizations and other nonprofits expand their ability to do good. (NYSE:TM) For more information about Toyota, visit www.toyotanewsroom.com.

Source: Toyota Motor Manufacturing Indiana

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