Hundreds of new jobs are expected to open in Princeton, Indiana, thanks to Toyota. According to WTHR-13, the car maker plans to create as many as 300 positions when it expands the plant producing its Highlander SUVs.
Toyota Indiana's West Plant facility began making the vehicles in December 2013 and by July 2014 was nearing 90,000 produced, the source reported. The company is now spending $100 million to increase its production of the SUVs at the East Plant in Princeton, hoping to make 30,000 more Highlanders per year. By 2016, Toyota expects to add 300 employers to its Indiana workforce of 4,700.
According to data from the U.S. Bureau of Labor Statistics, Indiana led the nation in manufacturing jobs growth in July. Over the month, the state gained 5,500 employees in the sector, the agency reported. Between July 2013 and 2014, Indiana also came out on top. During the year, the state has added 13,900 new manufacturing jobs.
Overall, Indiana has maintained fairly stable employment growth this year. Its unemployment rate has consistently been below the national average. In July, when U.S. unemployment was at 6.2 percent, Indiana's rate was 5.9 percent, according to the BLS.