Toyota Texas has announced plans to expand its manufacturing presence in San Antonio, Texas. The automotive company will invest $531 million into the project, generating 400 new jobs for the surrounding area. The new 500,000-square-foot facility will be used to produce drivetrain parts.
What people are saying
In a recent quote, Susann Kazunas, Toyota Texas president, said, “Our team members are ready for this new opportunity to grow our plant’s capabilities and workforce. They are highly capable, innovative and have a steadfast commitment to our products. We are proud to celebrate that spirit and the long-term job stability the investment represents, and we are excited to welcome 400 new team members to Toyota Texas.”
Texas Governor Greg Abbott added, “Toyota Texas’ new $531 million investment to expand their manufacturing facility in San Antonio that will create over 400 good-paying jobs is a testament to Texas’ unmatched business-friendly environment, low taxes and young, growing and skilled workforce. I thank Toyota for their continued expansion in Texas, and I look forward to strengthening our partnership as we build a bigger, better Texas for generations to come.”
Manufacturers investing in Texas
Window manufacturer invests $121 million to build new production facility in Texas
The company received a $3,150,000 Texas Enterprise Fund (TEF) grant as well as a $15,000 Veteran Created Job Bonus.
Greif to open new bulk corrugated manufacturing facility in Texas
The new plant will make triple wall sheets and jumbo boxes.
Samsung to receive $6.4 billion from the CHIPS and Science Act to establish semiconductor ecosystem in Texas
This funding will complement Samsung’s investment of $40 billion into its existing hub in Texas, which would create 20,000 new jobs in the coming years.
Toyota in the news
Toyota Material Handling invests $100 million to build manufacturing facility in Indiana
The facility will focus on producing electric forklifts.
Toyota increases investment in Kentucky facility to $1.3 billion to produce battery electric vehicles
Last year, the company shared that it would invest $591 million into the Toyota Motor Manufacturing, Kentucky facility to establish the company’s first U.S.-assembled battery electric vehicle.
Toyota invests an additional $8 billion into battery manufacturing plant in North Carolina
The investment will be used to add eight additional battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV) production lines.
Investing in American manufacturing in 2024
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.