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Home – Tariffs News – Toyota to Build $3.6 Billion Texas Plant, Shift Some Truck Production From Mexico

Toyota to Build $3.6 Billion Texas Plant, Shift Some Truck Production From Mexico

Toyota Motor Corp said on Monday it will build a new $3.6 billion auto plant in Texas and shift some truck production to the United States from Mexico, prompting triumphant statements from the White House.

The Japanese automaker said the new 2.5-million-square-foot building will be located on its San Antonio manufacturing campus and will open by 2030, creating 2,000 jobs. The company said it will move production of its mid-size Tacoma pickup truck from its Baja California plant in Mexico to Texas when the factory is completed.

Toyota will continue to build Tacoma trucks at its Guanajuato plant in Mexico. Toyota already produces Tundra trucks and SUVs at its existing San Antonio assembly plant on the site where the new facility will be built and a new 500,000-square-foot rear axle plant is set to open in the autumn.

President Donald Trump has urged automakers to move production to the United States and has hiked tariffs on autos, steel, aluminum and parts.

“It’s amazing. That’s what tariffs do, properly used,”........

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