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$500M Toyota Project to Add Drivetrain Parts

June 24, 2024
The automaker’s Texas assembly plant is the site of a new capital investment program that will introduce auto parts manufacturing there, with 400 new jobs to follow.

Toyota Motor North America announced a $531-million expansion to its San Antonio, Tex., assembly plant, a 500,000-sq.ft addition where new drivetrain parts will be produced. The project will result in 400 new jobs too, according to Toyota.

The details of the investment and the new parts to be produced, as week as the schedule for the expansion project were not provided and details of the new parts to be produced were not provided.

While the Toyota Motor Manufacturing Texas has been an auto-assembly plant since it started operation in 2002, the strategy to install drivetrain parts production “reinforces the plant’s flexibility with advanced manufacturing technologies as the company expands its diverse capabilities across its North American operations,” according to Toyota’s announcement.

And it added that the instituting drivetrain parts production there “affirm(s) Toyota’s commitment to reinvesting profits in its U.S. operations.”

Toyota Motor Manufacturing Texas produced 181,000 vehicles in 2023, Tundra pickup trucks and Sequoia SUVs. According to the automaker its investments at TMMT now top $4.7 billion.