Toyota plans new drivetrain parts facility in Texas

URLhttps://www.automotivedive.com/news/toyota-texas-e
SourceAutomotive Dive
Date Published06/21/2024
Author NameHaley Cawthon

Additional Reshoring Information:

Company/Division name Toyota
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):400
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):531
Country(ies) from which reshored:Japan
City reshored to:San Antonio
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoreddrivetrain parts
What domestic positive factors made reshoring more attractive?Skilled workforce availability/training
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