The $531 million investment will boost plant capabilities and bring more than 400 new jobs, the company said.
SAN ANTONIO—Toyota Motor Manufacturing, TX Inc. (Toyota Texas) is expanding its manufacturing footprint with a $531 million investment that is expected to bring more than 400 new, high-quality jobs to San Antonio, the company said in a June release.
The new on-site 500,000-square-foot facility will be dedicated to production of drivetrain parts and is said to further affirm “Toyota’s commitment to reinvesting profits in its U.S. operations.”
“Our team members are ready for this new opportunity to grow our plant’s capabilities and workforce,” said Toyota Texas President Susann Kazunas, in the release. “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.”
The new investment also reinforces the plant’s flexibility with advanced manufacturing technologies, as the company expands its diverse capabilities across its North American operations.
“With investments of this size and scale, particularly within the advanced manufacturing industry, we expect a significant ripple effect of additional jobs and economic impact to our region,” said Jenna Saucedo-Herrera, president and CEO of Greater:SATX, in the release.
Toyota Texas is the exclusive home to the Tundra truck and all-hybrid Sequoia SUV, both assembled on the same production line.
“Job stability, growth and competitive pay are all reasons I found a passion for assembling trucks at Toyota,” said Christopher Rivera, Toyota Texas team leader, in the release. “During my 17-year career with Toyota, I have seen firsthand Toyota’s commitment to our team. It is exciting to help bring new capabilities to our plant.”
Toyota Texas has been rolling out trucks and SUVs for nearly two decades and is reported to have assembled more than 181,000 vehicles in 2023. Toyota’s total investment in the plant has grown to more than $4.7 billion, the release stated.
“Texas is proud to be the home of a global powerhouse like Toyota,” said Texas Governor Greg Abbott, in the release. “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.”
“Toyota’s expansion in San Antonio is a great achievement that will create hundreds of new jobs and spur manufacturing capabilities in South Texas,” said U.S. Congressman Tony Gonzales, in a statement. “I look forward to continue working alongside Toyota to support innovation in the automotive industry.”