How Ford built its auto empire
Toyota has just announced it will build its own production plant in Texas, and the new plant will employ more than 2,500 people.
Toyota will hire over 2,000 workers at the new factory, with the company also bringing in thousands of skilled contractors.
The Toyota Motor Corporation of America announced its announcement in a news release.
The Texas facility will have the capacity to produce up to 500,000 vehicles annually.
Toyota will employ approximately 5,400 people.
In November 2017, Ford announced plans to expand its Austin plant in a move that would have created more than 100,000 jobs in the state.
The new Toyota plant is scheduled to begin operations in 2019.
Toyotas announcement comes on the heels of Ford announcing it will expand production of its new Mustang, which is expected to have a production capacity of nearly 20,000 units a year by 2021.