Texas Gov. Greg Abbott met with Toyota Motor Corp. executives and suppliers and toured the Toyota Commemorative Museum of Industry and Technology in Nagoya earlier this month as part of a trade mission to Taiwan, South Korea, and Japan.
“Texas has been the proud home of Toyota manufacturing facilities for over two decades. Our partnership with the global powerhouse, Toyota, has played a critical role in strengthening our mighty economy and bringing good-paying jobs to hardworking Texans,” Abbott said.
It is an honor to be at the Toyota Commemorative Museum to learn more about the history and legacy of the company, and I look forward to continuing to collaborate with Toyota as we build a more innovative future for both Texas and Japan,” the governor added.
The world’s largest automotive company in terms of sales, Toyota set up its North American headquarters in Plano, Texas, where it built a $1 billion facility and has 6,600 workers in marketing, sales, engineering and manufacturing.
In San Antonio, Toyota Motor Manufacturing Texas operates a $3.1 billion facility that covers 2.5 million feet, employs more than 2,600 workers, and assembled 181,872 vehicles last year. Last month, Toyota Texas announced it will spend $531 million to expand its manufacturing facility in San Antonio, which will create over 400 new jobs in the region.
Over the last decade, Japan has been the largest foreign contributor of jobs in the state. As of 2023, Japanese companies have invested $10.87 billion in 129 projects creating more than 20,000 jobs in Texas.
In the first five months of 2024, Japanese companies have invested $1.47 billion in six additional projects expected to create more than 520 new jobs in Texas. Texas trade with Japan totaled $31.2 billion in 2023, making Japan the fifth-largest total trade partner with Texas.
