Toyota Motor Corp. has officially confirmed a $3.6 billion expansion of its manufacturing campus in San Antonio, Texas. The project is expected to create 2,000 new jobs by 2031, with an average hourly wage of $32.46, according to regional economic development organization Greater:SATX.
The expansion, which will roughly double the footprint of the existing facility, is set to relocate the production of the Tacoma midsize pickup back to the United States. This move follows a period where production had been shifted to Mexico. Sarah Carabias Rush, president and CEO of Greater:SATX, projects the development will generate approximately 30,000 direct, indirect, and induced jobs, contributing an estimated $8.45 billion in economic impact to the region.
To secure the investment, the San Antonio City Council approved $122 million in tax breaks and incentives, including a 10-year property tax abatement. Bexar County commissioners added $55.3 million in tax relief. Furthermore, the city has pledged $24.5 million for infrastructure improvements near the campus, alongside an $8.3 million grant specifically for employee training programs.
This initiative builds upon Toyota’s long-standing presence in the area, with total investments in the San Antonio campus reaching $8.3 billion since 2003. Additionally, Toyota is finalizing a $531 million rear-axle plant at the site, which is scheduled to begin production in November and add 400 jobs.