Toyota investing $1B in U.S. production plants

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Toyota announced on Monday it would invest $1 billion total at plants in Kentucky and IndiannaCNBC reported 

The spending is part of a plan to invest up to $10 billion domestically in the next five years.  

A large chunk of the investment includes $800 million at a plant in Georgetown, Kentucky, to increase production capacity for its Camry sedan and RAV4 crossover vehicles. 

The plant in Princeton, Indiana, will receive $200 million to increase capacity for the Toyota Grand Highlander SUV. 

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