Toyota Doubling San Antonio Footprint with Historic $3.6B Investment
· Texas Border Business
Governor Greg Abbott announced that Toyota Motor Manufacturing, Texas, Inc. will expand its operations in San Antonio with a new vehicle assembly line, representing a historic $3.6 billion investment. This expansion will double Toyota's manufacturing footprint in the area and create 2,000 new jobs. The project has received a $20 million grant from the Texas Enterprise Fund and a $50,000 bonus for veteran-created jobs. Local officials, including San Antonio's mayor and state representatives, praised the investment, emphasizing its positive impact on the community and the regional economy, which has seen Toyota's presence for over 20 years.
AI summary · Source: Texas Border Business →
