Trump Applauds Toyota’s Billion-Dollar Facility in Texas

Toyota's Billion-Dollar Facility in Texas
Toyota’s Billion-Dollar Facility in Texas

Toyota Motor North America, Inc. (TMNA) celebrated the official opening of its new North American headquarters Thursday in Plano, Texas.

“The opening of our new headquarters in Plano is an extraordinary next step in Toyota’s 60-year journey in the United States,” said Jim Lentz, CEO of Toyota in North America.

“With team members from four different companies together in one campus location, we believe this will inspire greater collaboration, innovation, and faster decision making as we turn to and lead the future of mobility, all with an eye on our customers.”

Lentz added, “We appreciate the support from President Trump of our continued commitment to investing in the U.S. and sustaining American jobs.”

Congratulating Toyota on its grand opening, the company received a written statement from the White House, signed by the President.

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Three years ago, Toyota announced its “One Toyota” initiative to create more unified operations in North America, in part, by bringing together its quality engineering, sales, marketing, financial services, and corporate functions in one location.

Since then, the company has invested about $1 billion on the project to build its new corporate campus on 100 acres in Plano and move thousands of team members and their families from California, Kentucky and beyond to North Texas.

With construction nearly complete, occupancy began in late spring, and an average of a couple hundred team members per week are moving in, which is expected to continue in phases through December.

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Rakesh Raman