Toyota has disclosed that it will increase the output capacity for the Highlander, in addition to its current plan to hike production of the large crossovers in the next few months. The additional capacity plan, which will entail investments of $30 million, will result to another 15,000 units of capacity for the Toyota Highlanders at its Princeton site in Indiana in 2014.
The move is on top of a capacity increase that will occur later this year at Princeton that will add 50,000 units for hybrid Highlanders.
The two moves will give Toyota enough production capacity to sell 215,000 Highlanders and Sequoia sports utility vehicles every year.
Sequoia sales are likely to account for a small portion of the total sales figure. Toyota Motor Sales USA sold 61,771 Highlanders in the first half of 2013, compared with 57,444 units in the same period in 2012.
Part of the Highlander production volume will be exported to Russia and Australia beginning late 2013. In a statement released by Toyota Motor Manufacturing Indiana Inc. in Princeton, the carmaker said the newest expansion plan will result in a factory that could build up to 365,000 crossovers and SUVs annually.
Norm Bafunno, president of the Princeton operation, remarked that the capacity increase was aimed at meeting growing demand for the Highlander. He added that it was also a part of Toyota’s strategy to build vehicles where they sell them.