Toyota Doubling San Antonio Footprint with Historic $3.6B Investment
· Texas Border Business
Governor Greg Abbott announced that Toyota Motor Manufacturing, Texas, Inc. will invest $3.6 billion to expand its operations in San Antonio by adding a second vehicle assembly line. This expansion will double the company's manufacturing footprint and create 2,000 new jobs. The project is supported by a $20 million grant from the Texas Enterprise Fund and a $50,000 bonus for veteran-created jobs. Toyota has been a significant presence in Texas for over 20 years, with the current facility employing 6,100 people. Local leaders praised the investment as a boost to the regional economy and job market.
AI summary · Source: Texas Border Business →
