Business

Toyota Pours $3.6B Into New Texas Plant, Creating 2K Jobs

Toyota will invest $3.6 billion in a Texas plant, shifting Tacoma production from Mexico and creating 2,000 jobs.

Business desk
NRI HeraldJuly 7, 2026
3 min read
Toyota dealership exterior with "TOYOTA" signage, representing business investment.

Toyota announced Monday it will invest $3.6 billion to build a new auto plant on its San Antonio manufacturing campus, creating 2,000 jobs and shifting production of its Tacoma pickup truck from Mexico to the United States.

The 2.5-million-square-foot facility is expected to open by 2030. Production of the mid-size Tacoma will move from Toyota's Baja California plant in Mexico to the new Texas plant, a transition that will take about four years, the Japanese automaker said.

The announcement comes days after Washington declined to renew a North American trade pact with Mexico and Canada. In November 2025, Toyota said it planned to invest as much as $10 billion in the United States over five years.

Toyota President and CEO Ted Ogawa said the investment reflects confidence in the region's workforce and long-term growth potential. Toyota will continue building some Tacoma trucks at its Guanajuato, Mexico, plant.

Texas Governor Greg Abbott said the investment qualifies for a $20 million state grant and other incentives. President Donald Trump has pressed automakers to shift production to the U.S. and imposed higher tariffs on autos, steel, aluminum and parts.

Business desk · July 7, 2026
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