Toyota's manufacturing facility in San Antonio | BLOOMBERG
Toyota Motor has filed for approval to build a new manufacturing facility in Texas, building on momentum in the U.S. as President Donald Trump pressures carmakers to bolster domestic production.
The site would be located in Bexar County with a total investment of $2 billion, according to a filing on Friday submitted to the Texas Comptroller of Public Accounts. The forthcoming factory would create 2,000 new jobs, according to the document.
The proposed expansion by the world’s biggest carmaker, which would establish a new assembly line alongside an existing truck factory, is part of a broader trend of global automakers seeking to manufacturing strategies around U.S. trade policy and shifting consumer demand.…