Governor Greg Abbott (R) announced that Toyota Motor Manufacturing Texas will invest $3.6 billion to build a second vehicle assembly line in San Antonio. The expansion will double the plant's manufacturing footprint and create 2,000 new jobs, supported by a Texas Enterprise Fund grant and the state's JETI program.
Toyota Motor Manufacturing Texas will significantly expand its San Antonio manufacturing operations by constructing a second vehicle assembly line.
The project represents a $3.6 billion capital investment that will:
To support the project, the State of Texas awarded Toyota:
Governor Greg Abbott called the expansion another example of Texas' leadership in advanced manufacturing.
Gov. Greg Abbott: "Texas is where the world builds bigger, and Toyota shows it once more with a $3.6 billion expansion in San Antonio that doubles their factory footprint and creates 2,000 new jobs."
Gov. Abbott continued: "This Texas-sized investment reflects the strength of our workforce and the unmatched business advantages found only in our state."
Toyota has operated in San Antonio for more than two decades.
The company:
With the new expansion:
Toyota Motor North America has also maintained its North American headquarters in Plano since 2014, where approximately 6,600 employees work at the company's $1 billion campus.
Toyota is doubling its manufacturing footprint in San Antonio through a $3.6 billion expansion that will create 2,000 new jobs backed by Texas incentive programs and further solidifying the state's role as a leading destination for advanced manufacturing.
NEW YORK (AP) — The Supreme Court on Friday lifted restrictions on a controversial federal voter…
Attorney General Ken Paxton (R) is investigating hundreds of Texas data center developments for compliance…
Texas Southern University will receive $4.2 million in federal funding through the U.S. Department of…
Encompass Health Corp. plans to expand inpatient rehabilitation capacity in Montgomery County with two projects:…
CenterPoint Energy has been selected for a $50 million U.S. Department of Energy award to…
Lawmakers are evaluating the Department of Energy’s (DOE) proposal to create Nuclear Lifecycle Innovation Campuses…