Toyota Motor Co. is hiring more than 400 workers at its plant in Worcester, expanding its plant to increase its capacity to produce new vehicles and parts, the company said Tuesday.
The company said the new jobs are part of its plan to expand its Boston production, where it will build cars and parts for Toyota’s flagship Corolla sedan and Lexus SUV.
Toyota’s U.S. operations will be in Worcester through 2020, including the new plant, which will produce its Lexus and Scion vehicles.
“This expansion will enable Toyota to build more vehicles for the Toyota brand in our home market, and to grow the company in Boston,” said Mark Regehr, Toyota’s chief financial officer.
The Massachusetts plant, with more than 100 employees, employs about 700 people, the plant’s owner said.
The factory has been at the site since 2002.
“Toyota’s Boston operations are expanding quickly to meet our growing needs for high-performance vehicles and a diverse supply chain,” Regehrs said.
Toyota has about 3,600 people in Boston and its Worcester plant, including about 400 employees.
Regehres said the company expects the Worcester plant to produce the next generation of Toyota’s Prius, which is expected to be the company’s top-selling model.
“The plant’s design, engineering, and manufacturing capabilities are unparalleled, and the increased capacity will ensure we can meet the demand for our products in the U.K.,” Regehs said.
Revealed: Toyota’s new plant in Boston was built on borrowed money and now costs $3.8 billion more than expectedSources: Boston Globe, The Globe and Associated Press