{"id":71561,"date":"2019-09-17T16:41:00","date_gmt":"2019-09-17T19:00:00","guid":{"rendered":"https:\/\/hispanicprwire.com\/english-toyota-injects-391-million-new-investment-in-its-san-antonio-assembly-plant\/"},"modified":"2019-09-17T16:42:01","modified_gmt":"2019-09-17T20:42:01","slug":"toyota-inyecta-una-nueva-inversion-de-391-millones-en-su-planta-de-ensamblaje-en-san-antonio","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/toyota-inyecta-una-nueva-inversion-de-391-millones-en-su-planta-de-ensamblaje-en-san-antonio\/","title":{"rendered":"Toyota Injects $391 Million New Investment in Its San Antonio Assembly Plant"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">SAN ANTONIO<\/span>, <span class=\"xn-chron\">Sept. 17, 2019<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; Through its commitment to build vehicles where they are sold, Toyota is investing <span class=\"xn-money\">$391 million<\/span> at its <span class=\"xn-location\">San Antonio<\/span> truck assembly plant to better serve customers.\u00a0 Once complete, the plant&#8217;s total investment will exceed <span class=\"xn-money\">$3 billion<\/span>.<\/p>\n<div id=\"prni_dvprnejpg6e97left\" style=\"WIDTH: 100%; TEXT-ALIGN: left\" dir=\"ltr\"><img decoding=\"async\" id=\"prnejpg6e97left\" title=\"Toyota Injects $391 Million New Investment in Its San Antonio Assembly Plant \" border=\"0\" alt=\"Toyota Injects $391 Million New Investment in Its San Antonio Assembly Plant \" align=\"middle\" imagelabel=\"General\" src=\"https:\/\/mma.prnewswire.com\/media\/997131\/Toyota_San_Antonio_Assembly_Plant.jpg\"\/><\/div>\n<p>Today&#8217;s announcement comes as part of a broader commitment from Toyota to invest <span class=\"xn-money\">$13 billion<\/span> in its U.S. operations over five years through 2021. This new investment also comes with a commitment by Toyota Texas to continue funding local workforce development, a community need the company has long championed. <\/p>\n<p>As part of Toyota&#8217;s commitment to help <span class=\"xn-location\">San Antonio&#8217;s<\/span> workforce and education, Alamo Promise will receive a <span class=\"xn-money\">$500,000<\/span> donation from Toyota Texas over a five-year period. Alamo Promise&#8217;s mission is to end poverty, enhance economic and social mobility and meet workforce demands throughout the city.<\/p>\n<p>Separately, Aisin AW, a supplier to Toyota Texas and other automakers, announced that it will invest <span class=\"xn-money\">$400 million<\/span> and bring 900 new jobs to a future facility in nearby <span class=\"xn-location\">Cibolo, TX.<\/span><\/p>\n<p>&#8220;The Lone Star State continues to build on its reputation as a manufacturing powerhouse thanks to investments from innovative companies like Toyota and Aisin AW,&#8221; said Governor <span class=\"xn-person\">Greg Abbott<\/span>. &#8220;Their combined new investment of nearly <span class=\"xn-money\">$800 million<\/span> in the <span class=\"xn-location\">San Antonio<\/span> area is a testament to <span class=\"xn-location\">Texas&#8217;<\/span> unrivaled workforce and commitment to creating an environment where businesses can thrive free from the heavy hand of government regulation and over-taxation. I am grateful to Toyota and Aisin AW for bringing more jobs to the Lone Star State and I look forward to growing our already strong partnership.&#8221; <\/p>\n<p>&#8220;We&#8217;ve been in the U.S. for more than 60 years, creating a tremendous value chain in this country and creating an extensive footprint in the <span class=\"xn-location\">Alamo<\/span> City since 2003,&#8221; said <span class=\"xn-person\">Chris Reynolds<\/span>, Toyota Motor North America chief administrative officer of manufacturing and corporate resources. &#8220;With 10 U.S. plants, 1,500-strong dealer network, an extensive supply chain and other operations, we directly and indirectly employ over 475,000 Americans and are committed to investing here.&#8221;<\/p>\n<p>This new investment at Toyota Texas is in response to strong customer demand and will make the plant even more competitive in the long-term and more efficient while remaining flexible with multi-vehicle production capabilities by introducing various advanced manufacturing technologies.<\/p>\n<p>&#8220;What a huge win for <span class=\"xn-location\">San Antonio<\/span>. This is exactly the kind of project our city has strategically been preparing for\u2014it shows we&#8217;re a competitive region ready for big investment from large manufacturers,&#8221; said <span class=\"xn-location\">San Antonio<\/span> Mayor <span class=\"xn-person\">Ron Nirenberg<\/span>. &#8220;Toyota&#8217;s investment in our people and our city creates opportunity that can change the lives of an entire generation.&#8221;<\/p>\n<p>&#8220;We&#8217;ve seen for nearly twenty years the kind of impact Toyota has had on our workforce. This latest investment shows the company&#8217;s commitment to our future,&#8221; added Bexar County Judge <span class=\"xn-person\">Nelson Wolff<\/span>. &#8220;In addition, Toyota along with <span class=\"xn-location\">Bexar County<\/span> have partnered to develop TXFAME, an innovative program developing Advanced Manufacturing Technicians. Our workforce makes us competitive for big global manufacturers \u2014we have what it takes to help them grow and prosper in <span class=\"xn-location\">South Central Texas<\/span>.&#8221;<\/p>\n<p>According to a study commissioned by the San Antonio Economic Development Foundation, total economic impact of these investments will surpass <span class=\"xn-money\">$10 billion<\/span> with an employment multiplier of over 40,000 jobs over the next ten years for the region. <\/p>\n<p>This is Toyota&#8217;s third investment at its <span class=\"xn-location\">San Antonio<\/span> truck plant which assembles the full-size Tundra and mid-size Tacoma pickup trucks; the facility directly employs more than 3,200 team members. Including its 23 on-site suppliers, total employment at the plant&#8217;s site tops 7,200.<\/p>\n<p><b><u>About Toyota <br \/><\/u><\/b>Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. and <span class=\"xn-location\">North America<\/span> for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands.\u00a0During that time, Toyota has created a tremendous value chain as our teams have contributed to world-class design, engineering, and assembly of more than 38 million cars and trucks in <span class=\"xn-location\">North America<\/span>, where we have 14 manufacturing plants, 15 including our joint venture in <span class=\"xn-location\">Alabama<\/span> (10 in the U.S.),\u00a0and directly employ more than 47,000 people (over 36,000 in the U.S.).\u00a0Our 1,800 North American dealerships (nearly 1,500 in the U.S.) sold 2.8 million cars and trucks (2.4 million in the U.S.) in 2018.<\/p>\n<p>Through the Start Your Impossible campaign, Toyota highlights the way it partners with community, civic, academic and governmental organizations to address our society&#8217;s most pressing mobility challenges. We believe that when people are free to move, anything is possible. For more information about Toyota, visit<i>\u00a0<\/i><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2583941-1&amp;h=1892208156&amp;u=http%3A%2F%2Fwww.toyotanewsroom.com%2F&amp;a=www.toyotanewsroom.com\" rel=\"nofollow\">www.toyotanewsroom.com<\/a><i>.<\/i><\/p>\n<p>Toyota <span class=\"xn-location\">Texas<\/span> contact:<br \/><i><span class=\"xn-person\">Melissa Sparks<\/span> (210) 501-6038<br \/><\/i><span class=\"xn-person\">Luisa Casso<\/span> (210) 268-2732<\/p>\n<div id=\"prni_dvprnejpg23f3left\" style=\"WIDTH: 100%; TEXT-ALIGN: left\" dir=\"ltr\"><img decoding=\"async\" id=\"prnejpg23f3left\" title=\"   \" border=\"0\" alt=\"   \" align=\"middle\" imagelabel=\"General\" src=\"https:\/\/mma.prnewswire.com\/media\/439685\/Toyota_Corp_Red_Logo.jpg\"\/><\/div>\n<p\/>\n<p>Photo &#8211; <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2583941-1&amp;h=129734360&amp;u=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F997131%2FToyota_San_Antonio_Assembly_Plant.jpg&amp;a=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F997131%2FToyota_San_Antonio_Assembly_Plant.jpg\" rel=\"nofollow\">https:\/\/mma.prnewswire.com\/media\/997131\/Toyota_San_Antonio_Assembly_Plant.jpg<\/a><\/p>\n<p>Logo &#8211; <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2583941-1&amp;h=2881115089&amp;u=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F439685%2FToyota_Corp_Red_Logo.jpg&amp;a=https%3A%2F%2Fmma.prnewswire.com%2Fmedia%2F439685%2FToyota_Corp_Red_Logo.jpg\" rel=\"nofollow\">https:\/\/mma.prnewswire.com\/media\/439685\/Toyota_Corp_Red_Logo.jpg<\/a> <\/p>\n<p\/>\n<p\/>\n<p>SOURCE  Toyota Motor North America<\/p>\n<\/div>\n<p> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">SAN ANTONIO<\/span>, <span class=\"xn-chron\">Sept. 17, 2019<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; Through its commitment to build vehicles where they are sold, Toyota is investing <span class=\"xn-money\">$391 million<\/span> at its <span class=\"xn-location\">San Antonio<\/span> truck assembly plant to better serve customers.\u00a0 Once complete, the plant&#8217;s total investment will exceed <span class=\"xn-money\">$3 billion<\/span>.<\/p>\n<div id=\"prni_dvprnejpg6e97left\" dir=\"ltr\">&lt;img id=&quot;prnejpg6e97left&quot;&#8230;<\/p>\n","protected":false},"author":1,"featured_media":71562,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-71561","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automotriz"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/71561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/comments?post=71561"}],"version-history":[{"count":0,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/71561\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media\/71562"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=71561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=71561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=71561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}