US Facilities · Auto parts (transmissions)
Aisin AW to build transmission plant in Texas for up to $400 million
- Company
- Aisin AW (AW Texas) (Anjo, Aichi)
- Project
- New automatic-transmission plant, Cibolo, Texas
- Value
- Up to $400M; about 900 jobs by 2023
- Status
- Announced on September 18, 2019. Groundbreaking was planned for late 2019.
- Date
- 2019-09-18
Aisin AW, Toyota's main transmission supplier, said its new subsidiary AW Texas would build an automatic-transmission plant in Cibolo, Texas, investing up to $400 million and employing about 900 people by 2023. The plant will supply Toyota's truck plant in San Antonio. Aisin's release is dated September 18, while a congressional release came on September 17.
Why it matters
Building transmissions near the truck plant shortens the supply chain for one of Toyota's highest-volume US models.
Sources
Kakehashi M&A News home
