WASHINGTON (TNND) — Toyota announced this week that it would be moving most of its production of its Tacoma pickup truck from Mexico to the U.S.
This is part of a $3.6 billion investment in Toyota’s San Antonio plant and the transition will take about four years.
“Toyota’s continued investment in North America is a testament to our confidence in the region’s workforce, innovation and long-term growth potential,” Ted Ogawa, the CEO of Toyota Motor North America, said in a statement. “By expanding our San Antonio plant, we are deepening our commitment to American manufacturing, creating meaningful and sustainable jobs, while advancing our mission to deliver high-quality vehicles that meet the changing needs of customers today and into the future.”
The announcement came after Washington didn’t renew a North American trade pact with Mexico and Canada, according to CBS News.
Texas GOP Gov. Greg Abbott praised the decision.
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“Texas is where the world builds bigger, and Toyota shows it once more with a $3.6 billion expansion in San Antonio that doubles their factory footprint and creates 2,000 new jobs,” Abbott said. “This Texas-sized investment reflects the strength of our workforce and the unmatched business advantages found only in our state. Supported by the Texas Enterprise Fund and JETI program, this expansion will deliver economic opportunities to generations of San Antonio families and further cement Texas as the premier destination for world-class advanced manufacturing.”