Toyota to build new plant building in Texas, shifting large truck production from Mexico
Automotive & TransportTexasreshoring
Toyota Motor North America announced construction of a new plant building at its Texas vehicle plant, set to begin operations in 2030. The facility will handle part of the production of the Tacoma pickup truck, currently strong in US demand, shifting output from Mexico. Total investment is $3.6 billion (approx. JPY 580 billion).
Iino Kaiun completed construction of the 93,000 cubic meter LPG/ammonia Very Large Gas Carrier LUMI AURORA at Hanwha Ocean's Okpo shipyard in South Korea. The LPG dual-fuel vessel is the company's third of its kind and is designed to reduce CO2 emissions while supporting winter navigation in the Baltic Sea.
Suzuki Motor Corporation held the opening ceremony for its Indian subsidiary Maruti Suzuki India's newly built four-wheel vehicle plant in Kharkoda, Haryana. The facility currently has annual production capacity of 500,000 vehicles and is planned for expansion to approximately 1 million vehicles; the opening notice documents a completed manufacturing capex project.
Toyota Kirloskar Motor plans a total investment of ¥128.9 billion in production equipment and related facilities at its Bangalore, India site. The disclosure does not specify the construction schedule or added production capacity.
Toyota Motor Europe plans to invest in production equipment at its Brussels, Belgium facility. The securities report lists a total planned investment of ¥107.5 billion, funded with the company's own funds; no construction schedule or capacity increase is disclosed.
Toyota Motor Manufacturing Canada plans to invest in production equipment and related assets at its Cambridge, Ontario facility. The disclosure reports a total planned investment of ¥70.8 billion, funded internally; no construction schedule or capacity increase is provided.