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Toyota (7203 JT) says it will invest USD 3.6bln to expand its San Antonio vehicle assembly plant in Texas

StockNow breaking-news AI analysis

Toyota is investing $3.6B to double its San Antonio plant's capacity by 2030, relocating Tacoma production from Mexico to Texas to enhance manufacturing flexibility and local job creation.

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Toyota plans to add a new production line by 2030, and to expand the plant's capacity by about 150k vehicles, with some 2k jobs created.

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