NEW YORK, July 8 – Toyota Motor Corp. will spend $3.6 billion to add a new car assembly line to its San Antonio plant in the U.S. state of Texas, as part of efforts to mitigate the impact of duties imposed on autos from Mexico.
The investment will transfer some production of its popular Tacoma pickup truck from its facilities south of the U.S. border. The plant’s second assembly line is expected to start operations in 2030, the Japanese carmaker said Monday.
The plant expansion is expected to create 2,000 new jobs and increase the annual manufacturing capacity there by some 150,000 vehicles, according to Toyota.
Through the roughly four-year process, the automaker’s Tacoma production at its plant in Baja California, Mexico, will move to the Texas plant.
“Toyota is moving from Mexico to the United States (Texas!),” U.S. President Donald Trump wrote on social media on Tuesday. “A really big deal. Tariffs at work!”
Ted Ogawa, president of Toyota Motor North America Inc., said in a statement, “By expanding our San Antonio plant, we are deepening our commitment to American manufacturing.”
Toyota’s San Antonio plant began operating in 2006, manufacturing the Tundra pickup truck and the Sequoia SUV.
