Toyota Motor Corp. will expand the production capacity at its new plant in Indiana from about 100,000 units to about 150,000 units by the fall of 2000, the firm announced March 31.
Toyota Motor Manufacturing Indiana, Inc., which will be the automaker's fourth production base in North America, will begin operations by the end of this year. The company currently plans to use the plant to produce a successor model to the T100 pickup truck as well as another model based on the successor beginning in 2000.
Toyota is expanding production at the new plant to demonstrate its efforts to localize and to prepare for future growth in the market, the company said. With the expansion, Toyota will invest an additional $500 million and hire another 1,000 employees, raising the total number to about 2,300.
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