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 strategies to deal with U.S. trade policy and shifting consumer demand. The move would deepen Toyota¡¯s manufacturing footprint in its largest market at a time when Ford Motor, Nissan Motor and other rivals are retrenching.
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