Toyota to invest nearly $400M in San Antonio plant

//Toyota to invest nearly $400M in San Antonio plant

Toyota to invest nearly $400M in San Antonio plant

Toyota Motor Corp., which has its North American headquarters in Plano, plans to invest $391 million in its Toyota Motor Manufacturing Texas Inc. production plant in South San Antonio, the parent company confirmed. The decision is expected to give the Alamo City plant greater production capacity and flexibility. San Antonio officials said in May that Toyota (NYSE: TM) was considering making the big capital investment in the local plant. Since then, the city of San Antonio and Bexar County haveā€¦

Article by [author-name] (c) Manufacturing News - Manufacturing News Headlines | Bizjournals.com - Read full story here.

By | 2019-09-18T13:36:47+00:00 September 18th, 2019|Budget and Tax|

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