Auto transmission plant invest US$400 million in Texas

Category: Automotive
Published: 2019-11-06

CIBOLO – Representatives from AW Texas, alongside Gov. Greg Abbott, City of Cibolo elected officials, and partners, officially broke ground on the AW Texas 159-acre automatic transmission plant in Cibolo, Texas.

AW Texas is part of Aisin AW Co., Ltd., and a leading manufacturer of transmissions around the world; the plant, worth US$400 million, will bring approximately 900 new jobs to the area over the next five years.

“This new manufacturing plant will be transformative for the county and the region; AW Texas has made an exciting capital investment that will make a significant and positive impact on our economy for years to come,” satated Guadalupe County Judge Kyle Kutscher.

Production of automatic transmissions at the plant is scheduled to begin on September 2021, enhancing the state’s already strong reputation as a leader in manufacturing.

Manufacturing has an estimated US$40 billion economic impact on the region and automotive manufacturing employs nearly 43,000 people across Texas.

Source: Spectrum Local News