ALEX just reviewed ReBusinessOnline‘s: “Toyota Plans $531M Expansion at Manufacturing Facility in San Antonio.” Toyota is making a significant investment in its San Antonio manufacturing facility, known as Toyota Texas.
Overview
- Toyota plans a $531 million expansion of its San Antonio manufacturing facility, known as Toyota Texas.
- The expansion will create over 400 new full-time jobs.
Expansion Details
- A new 500,000-square-foot facility will be developed.
- This facility will focus on producing drivetrain parts, including transmission systems, driveshafts, axles, and wheels.
- Construction timeline not disclosed.
Current Facility
- The San Antonio plant site spans 2,000 acres.
- Operational for nearly two decades.
- Exclusive production site for the Tundra truck and all-hybrid Sequoia SUV.
Production Statistics
- Approximately 181,000 vehicles were produced in 2023.
- Total investment to date in the facility and regional economy: $4.7 billion.
Government Endorsement
- Texas Governor Greg Abbott praises the investment, highlighting Texas’ business-friendly environment, low taxes, and skilled workforce.
ALEX knows more about San Antonio real estate and individual markets than just about anybody.
If you have any questions, I am always here. Just call, text or email me. Diane
Diane Hart Alexander, MBA, MHA, CEO, Broker
Alexander Tiffany Southwest dba ALEX.realestate
v 713.591.9902
e diane@alex.realestate
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