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Toyota invests $3.6B to expand Texas plant, moving Tacoma production from Mexico, creating 2,000 jobs.

Market News
07 Jul 2026
Fox Business
View Source
Bullish
pluang ai news

Toyota announced a $3.6 billion investment to expand its San Antonio, Texas assembly plant, adding a second vehicle assembly line to produce the Tacoma pickup alongside the Tundra and Sequoia. This expansion will gradually shift Tacoma production from Mexico to Texas over the next four years, creating about 2,000 new jobs and doubling the plant's size by 2030. The move reflects Toyota's confidence in North America's workforce and innovation, supported by Texas state incentives. This investment aligns with broader U.S. trade policies encouraging domestic manufacturing and aims to keep North America's auto industry competitive globally.

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