Toyota Motor Corp announced it will build a new $3.6 billion auto plant in Texas, shifting some truck production from Mexico to the United States. The new 2.5-million-square-foot building will be located on its San Antonio manufacturing campus and will open by 2030.
Job Creation and Production Shift
The car company said it will move production of its mid-size Tacoma pickup truck from the Toyota Manufacturing Baja California plant in Mexico to the Texas plant when completed. Toyota will continue to build Tacoma trucks at its Guanajuato plant in Mexico.
Toyota already produces Tundra trucks and SUVs at its existing San Antonio assembly plant on the site where the new plant will be built. A new 500,000-square-foot rear axle plant is set to open in the autumn.
President Donald Trump has pressured automakers to move more auto production to the United States and has hiked tariffs on autos, steel, aluminum, and parts. Toyota said it remains committed to its operations throughout Mexico, Canada, and the United States and urged Trump to extend a North American free trade deal that automakers say is critical to integrated auto production.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
