Toyota Allocates $3.6 Billion to Relocate Tacoma Production to Texas
WHO:
CBS News Finance - Toyota Motor Corporation is the organization making the investment.
CNBC - Ted Ogawa is the CEO of Toyota Motor North America.
WHAT:
Business Insider - President Trump stated, "It came over the wires that Toyota is moving out of Mexico into the United States, and building one of the biggest truck and car plants ever built," attributing the investment to the effectiveness of tariffs.
Fox Business - The San Antonio plant will add 2.5 million square feet to its size, effectively doubling the site by 2030.
Fox Business - The plant produced more than 197,000 vehicles last year and remains the exclusive assembly site for the Tundra and Sequoia.
Fox Business - The project will add about 2.5 million square feet to the manufacturing campus, effectively doubling the site's size by 2030.
Fox Business - The plant produced more than 197,000 vehicles last year.
Fox Business - Once completed, Toyota's San Antonio workforce is expected to grow to approximately 6,000 employees, supported by 23 onsite suppliers.
CBS News Finance - Toyota is shifting most production of its mid-size Tacoma pickup truck from Mexico to the United States.
CNBC - The investment amounts to $3.6 billion.
CNBC - The investment is expected to create 2,000 U.S. jobs at the San Antonio facility.
CNBC - The expansion will add a second vehicle assembly line and roughly double the size of the plant to 2.7 million square feet.
CNBC - The plant's annual capacity will increase from approximately 200,000 to 350,000 units.
WHERE:
CBS News Finance - The Tacoma production is being relocated to San Antonio, Texas.
CNBC - The current production site in Mexico is located in Tijuana, and another plant in Guanajuato will continue Tacoma production.
WHEN:
CNBC - The production transfer from Mexico to Texas is expected to occur over the next four years.
CNBC - The expansion of the San Antonio plant is part of Toyota's plans through 2030.
WHY:
Business Insider - Toyota's announcement comes amid major uncertainty for automakers with plants in North America, as the USMCA is under review after the US declined to renew the treaty in its current form on July 1.
Fox Business - The expansion is supported by the Texas Enterprise Fund and JETI program, which will qualify for a $20 million state grant and other incentives.
CNBC - The investment is part of Toyota's plans to invest up to $10 billion more than previously expected in the U.S. through 2030.
CNBC - The move follows the Trump administration's decision not to extend its trilateral trade pact with Canada and Mexico.
HOW:
Fox Business - The expanded facility will incorporate advanced manufacturing technologies designed to increase production flexibility.
CNBC - The investment will expand the manufacturing capacity and complement Toyota's broader North American production network.
CNBC - The company plans to maintain operations in Mexico while transferring Tacoma production to Texas.
(UPDATED July 8, 2026 05:54 UTC)
President Trump announced that Toyota is relocating its operations from Mexico to the United States, where it plans to build one of the largest truck and car plants ever constructed, crediting this investment to the effectiveness of tariffs. The San Antonio plant, which produced over 197,000 vehicles last year and is the exclusive assembly site for the Tundra and Sequoia, will double in size to 2.5 million square feet by 2030. This move comes at a time of significant uncertainty for automakers in North America, as the USMCA is currently under review following the U.S. decision not to renew the treaty in its existing form on July 1.
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(UPDATED July 7, 2026 19:38 UTC)
Toyota is set to expand its manufacturing campus in San Antonio, effectively doubling the site's size by 2030 with an addition of about 2.5 million square feet. The plant, which produced over 197,000 vehicles last year, is expected to grow its workforce to around 6,000 employees, supported by 23 onsite suppliers. This expansion is backed by the Texas Enterprise Fund and JETI program, qualifying for a $20 million state grant and other incentives, and will feature advanced manufacturing technologies to enhance production flexibility.
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(UPDATED July 7, 2026 11:51 UTC)
Toyota Motor Corporation is making a significant investment of $3.6 billion to shift most production of its mid-size Tacoma pickup truck from Mexico to San Antonio, Texas. This move is expected to create 2,000 jobs at the San Antonio facility and will expand the plant's capacity from approximately 200,000 to 350,000 units annually, with plans to double its size to 2.7 million square feet. The production transfer is anticipated to take place over the next four years, as part of Toyota's broader strategy to invest up to $10 billion more in the U.S. through 2030.