Toyota Invests $3.6 Billion in Texas, Expanding Production

Toyota has announced a $3.6 billion investment in its San Antonio production facility in Texas, USA, to expand its production capacity and create 2,000 new jobs. The Japanese automaker plans to increase the facility's size by twice by 2030 and raise its total investment in the facility to $8.3 billion since its establishment in 2003. The number of employees is expected to reach approximately 6,000.

Toyota reaffirmed its commitment to its operations in the US, Canada, and Mexico, and expressed support for the swift completion of the US-Mexico-Canada Agreement (USMCA) to enhance North America's global competitiveness. The San Antonio plant has been in operation for almost 20 years, producing pickup trucks and SUVs, with over 197,000 vehicles manufactured last year.

The facility is the only global production site for the Tundra and Sequoia models, and production at the new rear axle plant is scheduled to begin this fall. Meanwhile, US President Donald Trump praised Toyota's investment decision on social media, stating, "Toyota is moving from Mexico to the US, to Texas. This is a really big deal. Tariffs are working."

Last November, Toyota announced plans to invest up to $10 billion in the US over the next five years.

A New Era for Texas
Toyota's massive investment in Texas is set to significantly contribute to the region's economic and industrial growth. The new facility and production line will create new job opportunities and bring vitality to the local economy. Furthermore, Toyota's investment demonstrates its commitment to and support for the US automotive sector.