Toyota to add 400 jobs, sink $600 million into Indiana SUV factory

Toyota says it will add 400 jobs and invest $600 million at a Southern Indiana SUV factory.

The announcement comes just after President Donald Trump met with CEOs of the Detroit automakers to demand that new factories be built in the US, but Toyota says the investment was planned before the election, and not related to Trump.

Will be meeting at 9:00 with top automobile executives concerning jobs in America. I want new plants to be built here for cars sold here!

— Donald J. Trump (@realDonaldTrump) January 24, 2017

Great meeting with automobile industry leaders at the @WhiteHouse this morning. Together, we will #MAGA! pic.twitter.com/OXdiLOkGsZ

— Donald J. Trump (@realDonaldTrump) January 24, 2017

The company says the jobs will be added in Princeton, Indiana, where it makes the Highlander SUV.

Highlander sales in the US were up more than 20% last year to just over 191,000.

The factory will be able to build 40,000 more Highlanders per year when the expansion is finished in the fall of 2019.

Toyota says it will invest $10 billion in the US over the next five years.