Transmission manufacturer A.W. Texas Inc., owned by Japan-headquartered Aisin, is planning to build a $400-million, 500,000-square-foot plant in Cibolo, TX. The factory, to be located on the far northeast side of the San Antonio metro, will eventually employ 900.

The supplier, which provides parts to Toyota, among others, will build its facility on 160 acres at Cibolo Business Park at South Santa Clara and Bolton Roads, on Interstate 10. Guadalupe Valley Electric Cooperative owns the acreage. The Guadalupe Commissioners Court and Cibolo City Council approved tax abatements for A.W. Texas. Aisin will receive a 20-year property tax abatement from the city, and a 10-year abatement from the county.

Closing on the land will take place the first week of August 2019. Ground work is anticipated to launch about a month later.

It’s time to register for this year’s Connect Texas Multifamily Conference on Aug. 15! For information and to register, click here.

Get CRE News in 150 words

For comments, questions or concerns, please contact Amy Sorter