Toyota plans $531.7 million expansion to add 400 jobs in San Antonio

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Toyota plans $531.7 million expansion to add 400 jobs in San Antonio
Toyota Motor Manufacturing Texas Inc.Zoning CommissionCommissioners Court
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Toyota could add 411 new jobs as it eyes San Antonio expansion, according to Bexar County presentation

As Toyota Motor Manufacturing Texas Inc. considers a half-billion dollar expansion to add more than 400 jobs at its sprawling South Side plant, the city of San Antonio is working to clear up a long-running dispute over development around the plant. Toyota plans to spend $531.7 million to construct a new building, add 411 jobs and potentially expand its existing facility, according to a presentation prepared for the Bexar County Commissioners Court .

Toyota racks up record profit, but earnings to decline this year as it invests in tech, suppliers When it issued its year-end financial results earlier this month, Toyota said it would invest millions this year in technology and on suppliers. The San Antonio expansion could encompass more than 500,000 square feet of new space and the base wage of the new jobs would be $20.54 an hour, with an average salary of about $68,000, according to the Commissioners Court presentation.

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