Toyota Investing $391M in San Antonio Plant

Following months of speculation, Toyota Motor Corp. made it official — it has selected San Antonio, over its nine other U.S. plants, for a $391 million expansion. The upgrade to the 2.2-million-square-foot, 46-acre plant on San Antonio’s south side will bring advanced manufacturing capabilities to its truck assembly plant and more supplier companies to the region over the next five years, according to officials with Toyota Motor Manufacturing Texas. The plant opened in 2003.

Earlier, Toyota supplier Asin AW okayed a $400 million project in the San Antonio suburb of Cibolo, TX. Both Toyota and Asin have received city and county incentives.

The expansion announcement is part of a broader commitment from Toyota to invest $13 billion in its U.S. operations over the next five years.

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