Best in Texas™: Toyota’s $531 Million Bet on San Antonio: New Jobs, Innovative Expansion, and a Brighter Future by ALEX.realestate

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