(September 22, 2015) Subaru will invest $140 million to expand annual production capacity by 100,000 vehicles at its sole U.S. plant, the Automotive News reported on Monday. The Subaru of Indiana plant in Lafayette, one of the automaker’s three plants worldwide, will gain 1,204 jobs by 2017.

The factory currently employs more than 3,800 workers and produces about 300,000 vehicles per year, according to a press release.

The announcement comes after Subaru CEO Yasuyuki Yoshinaga said last week it will begin production of a seven-seat SUV at the Lafayette plant after 2017. The SUV will be exclusively sold in the North American market, Yoshinaga said. Subaru’s Outback and Legacy and the Toyota Camry are currently produced at the plant.

Fuji Heavy Industries, which owns Subaru, said previously that it would halt Camry production at the plant, which has been building the sedan since 2007.

Toyota has confirmed it will end Camry production will end in fall 2016 and shift output to its Georgetown, Ky., plant. The Camry's departure would free up capacity of 100,000 vehicles, on top of the additional 100,000 announced on Monday.

Source: The Automotive News