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, BrokerAlexander Tiffany Southwest dba ALEX.realestatev 713.591.9902e diane@alex.realestate

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