"Car Giant Seeks Texas Tax Breaks for $2 Billion Assembly Plant. In a major economic development move, Toyota is seeking significant state tax breaks to establish a new $2 billion assembly plant in Texas, potentially creating 2,000 jobs by 2030. The proposed facility would be a significant investment in the Lone Star State, marking a major expansion for the Japanese automaker in the US. If approved, the tax incentives would provide a substantial boost to the project's bottom line, paving the way for the creation of a new manufacturing hub that could have far-reaching impacts on the local economy."
Toyota seeks state tax breaks for a potential $2 billion assembly plant in Texas that would employ 2,000 workers starting in 2030.