There are 536 car dealerships in the Alamo City and only six of them are Toyota dealers. If you’re checking out a Toyota Tundra or Sequoia, chances are it’s made here in the 210.
Toyota Texas announced it’s expanding its footprint with a $532 million investment in southern San Antonio and we have the inside scoop on what’s to come.
Toyota plant fast facts
Breaking ground along Leon Creek and the Medina River on the city’s south side in 2003, Toyota Motor Manufacturing, Texas, Inc. (TMMTX) began producing the Toyota Tundra in Nov. 2006 and later added the Tacoma to its lineup from 2010 to 2021. The plant switched gears in 2022 and began the producing the Sequoia.
Here’s how the automaker has impacted the San Antonio community:
- 3,700+ direct employees and 5,600 on-site suppliers
- Invested $4.2 billion since 2003
- Produced 181,872 vehicles in 2023
Fun fact: A new Toyota Tundra rolls off the line every 60 seconds here in San Antonio.
Coming soon
With the expansion announcement comes big changes for the Alamo City. This expansion will bring 400+ new jobs to San Antonio and a new 500,000-sqft facility dedicated to drivetrain parts production.
In addition, the San Antonio City Council approved an incentive package to reinvest a portion of the new City property taxes from Toyota’s $532 million investment into public infrastructure near the plant.
The package includes:
- A 10-year, 65% Chapter 312 tax abatement with an estimated value of $14,717,102
- A Chapter 380 Economic Development Incentive Fund grant of up to $1 million
- Waiver of up to $300,000 in SAWS impact fees and up to $500,000 in City development fees
- Nomination as a Texas Enterprise Zone Project, which would rebate up to $2,055,000 in state sales
