Toyota Drives Community Impact in San Antonio with up to $6.5 Million in Grants
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Toyota (NYSE:TM) announced a significant community investment in San Antonio, pledging up to $6.5 million in grants over five years to East Central Independent School District through its Driving Possibilities initiative. The program aims to enhance STEM education and provide wraparound services for students and families.
This announcement coincides with Toyota Texas's ongoing $531 million rear axle plant expansion announced in June 2024, which will supply components for Toyota Tundra, Sequoia, and Tacoma vehicles. The new facility is expected to begin operations in 2026.
The initiative involves collaboration with Texas A&M University San Antonio and United Way, focusing on innovative STEM programs, teacher development, and family support services. San Antonio marks the ninth location in this national program, which has announced over $75 million in multi-year grants across the United States.
Positive
- New $531 million rear axle plant expansion in San Antonio, operational by 2026
- Strategic vertical integration for Tundra, Sequoia, and Tacoma production
- Company maintains strong market position with 31 electrified vehicle options
- Expansion of manufacturing capacity with new North Carolina battery plant opening in spring 2025
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, TM gained 0.59%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Funds to Support STEM, Family Engagement Programs in East Central ISD
As part of the Driving Possibilities initiative, Toyota
"For more than 20 years, Toyota has played a critical role in the booming
As Toyota commemorates this STEM education investment in
"Education and workforce development are longtime priorities for Toyota Texas," said Susann Kazunas, president of Toyota Texas. "The future of our company and other companies across
Driving Possibilities in
"East Central ISD is proud to partner with the Toyota
United Way joined the initiative as a wraparound services provider with the Family Resource Center and Dual Generation initiative. The new Family Resource Center located on Pecan Valley STEM Academy's campus will meet basic needs and increase family engagement to help support all East Central ISD students learn and thrive at school. The addition of the Dual Generation initiative will provide families in the district with workforce training, education programs and high-quality childcare to support their student's academic success.
"We believe all students deserve access to opportunities and a pathway to high-growth careers, no matter their background," said Ana Meade, vice president of sustainable development at Toyota. "Through Driving Possibilities, we aim to create limitless possibilities for all in our work with communities to address barriers so that everyone can participate in the quality STEM jobs of the future."
Driving Possibilities
In 2022, the Toyota
To date, more than
Toyota
The Toyota
About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in the
Toyota directly employs nearly 48,000 people in the
To help inspire the next generation for careers in advanced manufacturing, Toyota launched its in-person tour booking platform and virtual tour experience at www.TourToyota.com allowing guests to schedule a live tour to see several of our
For more information about Toyota, visit www.ToyotaNewsroom.com.
Media Contacts:
Melinda Higgins Louden
210.748.6103
melinda.louden@toyota.com
Amanda Roark
amanda.roark@toyota.com
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SOURCE Toyota Motor North America