Toyota Texas will spend $531 million to expand its San Antonio manufacturing site and create 400 new jobs, company officials said Friday. The new 500,000-square-foot addition to the sprawling South Side plant will produce drivetrain parts for the nearly 20-year-old facility.
City Council approved an incentives package Thursday that includes reinvesting a portion of property taxes from the new investment into public infrastructure around the plant. Toyota Texas will spend $531 million to expand its San Antonio manufacturing site and create 400 new jobs, company officials said Friday.
“Our team members are ready for this new opportunity to grow our plant’s capabilities and workforce,” Toyota Texas President Susann Kazunas said in a written statement. “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.
The company's announcement follows San Antonio City Council's approval Thursday of an incentives package that includes reinvesting a portion of property taxes from the new investment into public infrastructure around the plant.
Toyota Texas Toyota San Antonio Plant Auto Manufacturing San Antonio Jobs Toyota Motor Manafacturing
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