Leading automotive manufacturer Toyota is investing $391 million at its San Antonio truck assembly plant to better serve customers.
Details are provided below:
- This is Toyota’s third investment at its San Antonio truck plant which assembles the full-size Tundra and Tacoma pickup trucks
- Toyota will invest $13 bn in its U.S. operations over five years through 2021
- Aisin AW, a supplier to Toyota Texas, announced that it will invest $400 million and bring 900 jobs to a future facility in nearby Cibolo, TX
- “The Lone Star State continues to build on its reputation as a manufacturing powerhouse thanks to investments from innovative companies like Toyota and Aisin AW,” said Governor Greg Abbott. “Their combined new investment of nearly $800 million in the San Antonio area is a testament to Texas’ unrivaled workforce and commitment to creating an environment where businesses can thrive free from the heavy hand of government regulation and over-taxation. I am grateful to Toyota and Aisin AW for bringing more jobs to the Lone Star State and I look forward to growing our already strong partnership.”