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Toyota Proposes $2 Billion San Antonio Expansion Tied to Incentives

A June 23 tax abatement hearing will signal how much public support the automaker can count on.

Overview

  • Toyota filed a state application for Project Orca, a $2 billion vehicle assembly line at or near its San Antonio campus, with operations targeted for 2030.
  • The company says the site choice remains competitive and depends on winning strong incentives and on locating near an existing Toyota plant with good transport access.
  • The filing outlines about $1.1 billion for buildings and $950 million for machinery, along with a request for roughly $37 million in state and local grants or loans.
  • Toyota is also seeking property tax relief through Texas programs, including a Bexar County abatement up for a June 23 public hearing that could exceed $55 million over 10 years.
  • The proposal could add about 2,000 jobs with high pay, and it would build on a separate $531 million rear‑axle facility already slated to open this year at the San Antonio site.