Toyota Motor Corp. today announced it would build an $800-million plant in San Antonio, to build 150,000 Tundra pickups a year starting in 2006. The plant will employ about 2,000 people.
The new plant would raise Toyota's annual output capacity in North America to 1.65-million vehicles from 1.25 million now.
Toyota is also building a $140-million factory near Tijuana, Mexico, to produce 20,000 light trucks annually. That plant is expected to open in 2005.