Toyota is moving Tacoma production from Mexico to San Antonio. Texas plant is getting a $3.6 billion investment to double in size. Production begins in 2030, and 150,000 trucks can be made annually. Toyota has announced plans to invest $3.6 billion into its San Antonio plant to establish a second assembly line. It’s expected to become operational in 2030 and create over 2,000 new jobs. The new assembly line will build the Tacoma and have an annual production capacity of around 150,000 units. As the mid-size truck moves to the USA, assembly will end at their Baja California plant in Mexico over a roughly four-year period. More: Tacoma Prices Climb Again, But Toyota Tries To Soften The Blow Toyota said the investment follows its “best-company-in-town” approach, which sees the automaker “contributing to the local community and continuing offering diverse options tailored to local needs through a multi-pathway approach.” The automaker added that the San Antonio site will double in size by growing an additional 2.5 million square feet. The move will enable the Tacoma to be built alongside the Tundra and Sequoia. The campus also recently gained a new rear axle plant, which will begin production soon. The fate of the Baja California facility remains unclear as it currently only builds the pickup, but it will continue making the model for years to come. Furthermore, Toyota said it remains committed to production in Canada, Mexico, and the United States and is encouraging officials to reach a “quick resolution” to the USMCA trade agreement, which the Trump administration recently decided not to renew. That’s important as Toyota also builds the Tacoma at its Guanajuato plant in Mexico. It sounds like that facility remains unaffected by the latest development, so trucks will still be made south of the border. Toyota Motors North America CEO Ted Ogawa said, “Toyota’s continued investment in North America is a testament to our confidence in the region’s workforce, innovation and long-term growth potential. By expanding our San Antonio plant, we are deepening our commitment to American manufacturing, creating meaningful and sustainable jobs, while advancing our mission to deliver high-quality vehicles that meet the changing needs of customers today and into the future.” Texas Governor Greg Abbott noted the expansion was supported by the Texas Enterprise Fund and JETI (Jobs, Energy, Technology and Innovation) program, which aims to “help Texas stay competitive by attracting new jobs and investment to the state.” He went on to say, “This Texas-sized investment reflects the strength of our workforce and the unmatched business advantages found only in our state” and that the expansion will “deliver economic opportunities to generations of San Antonio families.”
+23 others
