Key facts
- Toyota will build a new $3.6 billion auto plant in Texas.
- The plant will be located on its San Antonio manufacturing campus and is expected to create 2,000 jobs.
- Production of the mid-size Tacoma pickup truck will shift from Mexico to the new Texas facility.
- The new plant is slated to open by 2030.
- Toyota will continue Tacoma production at its Guanajuato, Mexico plant.
Toyota Motor Corp announced plans to construct a new $3.6 billion auto plant in Texas, which will create 2,000 jobs and shift some production of its mid-size Tacoma pickup truck from Mexico to the United States. The new 2.5-million-square-foot facility will be located on the company's existing San Antonio manufacturing campus and is expected to open by 2030.
While the Tacoma production will move to Texas, Toyota stated it will continue to build the truck at its Guanajuato plant in Mexico. The company also produces Tundra trucks and SUVs at its existing San Antonio assembly plant, where a new 500,000-square-foot rear axle plant is scheduled to open in the autumn.
This move comes amid pressure from President Donald Trump on automakers to increase U.S. production and following his administration's hikes on tariffs for autos, steel, aluminum, and parts. Toyota emphasized its commitment to its operations across North America and urged for the extension of a North American free trade deal, which it deems critical for integrated auto production.