Toyota Investing $391 Million in San Antonio Plant
Toyota is investing $391 million at its San Antonio truck assembly plant in an effort to better serve customers. The announcement comes as part of a broader commitment from Toyota to invest $13 billion in its U.S. operations over five years through 2021. The investment will make the plant more competitive in the long-term and more efficient while remaining flexible with multi-vehicle production capabilities by introducing various advanced manufacturing technologies. Separately, Aisin AW, a supplier to Toyota Texas and other automakers, will invest $400 million and bring 900 new jobs to a future facility in nearby Cibolo, Texas.
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