Toyota Announces $3.6B Texas Expansion, Moves Tacoma Production
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United States: Toyota Motor North America announced Monday it will shift production of the Tacoma pickup from its Toyota Motor Manufacturing Baja California plant in Tijuana, Mexico, to expand assembly at its San Antonio, Texas campus, committing $3.6 billion to add a second line and double the plant’s footprint by 2030.
San Antonio's expansion is projected to create more than 2,000 jobs and will allow the plant to build the Tundra, Sequoia and Tacoma; Toyota said an adjacent rear-axle plant announced in 2024 is nearing startup. Mexico’s government issued its own investment response, while U.S. political figures cited tariffs as influencing production decisions this week.
More context
Timeline
- 1. 2024: Announcement of adjacent rear-axle plant for San Antonio area.
- 2. Monday (announcement week): Toyota announces $3.6 billion investment in San Antonio.
- 3. Toyota states the expansion will add a second assembly line for Tacoma.
- 4. Toyota projects more than 2,000 new jobs and doubling plant size by 2030.
- 5. Toyota says it is studying the future of the Baja California plant beyond 2030.
Why it matters
Toyota's $3.6 billion expansion in Texas means more jobs in the San Antonio area. Over 2,000 positions are projected by 2030. If you're in the job market, keep an eye on Toyota's career page. This could also boost local economy, potentially affecting housing and retail prices.
Sources
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.
