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Toyota announces $700 million Indiana investment

Gov. Eric Holcomb joined Toyota executives on Friday to announce that the company is investing $700 million in its assembly facility in Princeton.

Toyota will also add 150 new jobs in Princeton by the end of 2022.

The four-million-square-foot facility helps make the Toyota Highlander midsize SUV.

Toyota Motor Manufacturing Indiana (TMMI) already employs nearly 7,000 Hoosiers.

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