News

Business

On HALO

1 hour ago

Toyota to invest $3.6B in plant expansion, will shift Tacoma production from Mexico to Texas

Toyota is investing $3.6 billion to expand its San Antonio, Texas, assembly plant, a move expected to create about 2,000 new jobs and bring Toyota Tacoma pickup production from Mexico to the Lone Star State.The automaker announced Monday that it will build a second vehicle assembly line at its San Antonio campus, allowing the facility to assemble the Tacoma alongside the Tundra and Sequoia. As part of the expansion, Tacoma production will gradually transition from Toyota's Baja California plant in Mexico over the next four years, according to the company. Toyota will continue producing Tacoma...