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Toyota Texas To Inject $531M And Add Over 400 Jobs In San Antonio
**Toyota Texas Announces $531 Million Investment, Creating Over 400 Jobs in San Antonio**
SAN ANTONIO (June 21, 2024) – Toyota Texas has announced a significant $531 million investment aimed at expanding its San Antonio plant. This expansion will introduce more than 400 new high-quality jobs and establish a new 500,000-square-foot facility dedicated to drivetrain parts production. This move underscores Toyota’s commitment to reinvesting in its U.S. operations.
"Our team members are ready for this new opportunity to grow our plant’s capabilities and workforce," said Susann Kazunas, Toyota Texas president. "They are highly capable, innovative and have a steadfast commitment to our products. We are proud to celebrate that spirit and the long-term job stability the investment represents, and we are excited to welcome 400 new team members to Toyota Texas."
For nearly two decades, Toyota Texas has been producing top-quality trucks and SUVs, with over 181,000 vehicles assembled last year alone. This latest investment brings Toyota’s total investment in the plant to more than $4.7 billion.
Texas Governor Greg Abbott praised the investment, highlighting the state’s business-friendly environment. "Texas is proud to be the home of a global powerhouse like Toyota," said Abbott. "Toyota Texas’ new $531 million investment to expand their manufacturing facility in San Antonio that will create over 400 good-paying jobs is a testament to Texas’ unmatched business-friendly environment, low taxes and young, growing and skilled workforce."
San Antonio Mayor Ron Nirenberg also expressed his support. "This is an incredible victory for both the City of San Antonio and Toyota Texas," said Nirenberg. "Over 400 stable, high-quality jobs will be created in our community, demonstrating Toyota’s willingness to continue to invest in the people of San Antonio."
Bexar County Judge Peter Sakai emphasized the positive impact on the local economy and school districts. "It is exciting to see Toyota expand its footprint in Southern Bexar County. I look forward to the hundreds of new jobs and boost to our local economy," said Sakai.
Christopher Rivera, a team leader at Toyota Texas, shared his enthusiasm for the expansion. "Job stability, growth and competitive pay are all reasons I found a passion for assembling trucks at Toyota," said Rivera. "During my 17-year career with Toyota, I have seen firsthand Toyota’s commitment to our team."
Broader Economic Benefits
The investment is expected to have a ripple effect on the local economy. Jenna Saucedo-Herrera, President & CEO of greater:SATX, noted that the expansion would create additional jobs beyond those directly employed by Toyota Texas.
U.S. Senator Ted Cruz highlighted the broader implications for Texas’ economy. "Texas is the best state in the nation for jobs and opportunity," said Cruz. "This $531 million investment will bring over 400 incredible new jobs to San Antonio."
Future Prospects
Toyota Texas remains committed to innovation and advanced manufacturing technologies as it continues to expand its capabilities across North America. The plant is currently the exclusive home of the Tundra truck and all-hybrid Sequoia SUV.
State Representative John Lujan emphasized the importance of such investments for local infrastructure and workforce development. "Investing in local infrastructure and workforce development, Toyota contributes to the overall well-being of the community," said Lujan.
Toyota’s ongoing commitment to sustainable mobility includes plans for its 10th plant in North Carolina, set to manufacture automotive batteries by 2025.
This substantial investment by Toyota Texas not only strengthens its manufacturing capabilities but also reinforces its dedication to supporting local communities through job creation and economic development.
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