Toyota to Build $3.6 Billion Auto Plant in Texas, Shifting Tacoma Production from Mexico
Toyota Motor Corporation announced plans to build a new $3.6 billion auto plant in Texas, shifting some truck production from Mexico to the United States. The 2.5-million-square-foot facility will be located on its San Antonio manufacturing campus and is set to open by 2030, creating 2,000 jobs. Once completed, production of the mid-size Tacoma pickup truck will move from Toyota's Baja California plant in Mexico to Texas, though Tacoma production will continue at the Guanajuato plant in Mexico. Toyota already produces Tundra trucks and SUVs at its existing San Antonio assembly plant on the same site, and a new 500,000-square-foot rear axle plant is set to open in autumn 2026. The article also notes Toyota's Q4 profit miss and positions the investment within the context of onshoring trends.
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