Toyota Expansion in San Antonio
Governor Greg Abbott announced that Toyota Motor Manufacturing, Texas, Inc. will expand its U.S. manufacturing production capacity with a second vehicle assembly line in San Antonio.
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Investment and Job Creation: The expansion represents a $3.6 billion capital investment and will create 2,000 new jobs, doubling their existing manufacturing footprint in the area. Toyota has received a Texas Enterprise Fund (TEF) grant of $20 million and a $50,000 Veteran Created Job Bonus.
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Governor’s Statement: Abbott emphasized Texas as “where the world builds bigger,” showcasing the state’s attractive business environment and skilled workforce.
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Toyota’s Commitment: Ted Ogawa, Toyota’s CEO, highlighted this expansion as a testament to their long-standing partnership with Texas and their commitment to American manufacturing.
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Impact on the Community: Local leaders, including Senator Roland Gutierrez and Representative John Lujan, expressed optimism about the economic benefits this expansion would bring to the community.
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Toyota’s Presence in Texas: Having operated in Texas for over 20 years, Toyota’s facility in San Antonio is significant, currently employing 4,100 people, with additional contributions from on-site suppliers.
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Future of Manufacturing: This investment shows the collaborative effort between the state, local government, and Toyota to enhance the manufacturing landscape in Texas.
For more details, visit Toyota’s official press release.
