Navistar’s $250M Industrial Project in San Antonio
The commercial trucks and buses manufacturer, which has already received a grant from the state of Texas for the project, expects to break ground on the new development later this year.
San Antonio. Image courtesy of visitsanantonio.com
Navistar International Corp. has made a major commitment to San Antonio with the announcement of plans to develop a new manufacturing facility in the area. The commercial trucks and buses manufacturer will invest $250 million to realize the project.
With the assistance of JLL, Navistar selected a project site in San Antonio’s Southside, along Interstate 35, which is a key thoroughfare that connects the company’s supply bases in the southern U.S. and Mexico. The state-of-the-art facility will allow the company to build Class 6-8 trucks with cutting-edge lean manufacturing practices, thereby paving the way for reduced conversion costs and an enhanced supply chain, as well as the ability to accommodate anticipated growth in the industry.
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Navistar’s new San Antonio plant will result in the creation of approximately 600 jobs. The project has received widespread support, with the State of Texas, Bexar County, the San Antonio Economic Development Foundation, CPS Energy and the San Antonio Water System coming together to help facilitate an agreement with Navistar. The State is providing Navistar with an approximately $2.3 million grant from the Texas Enterprise Fund to assist with bringing the facility to fruition.
The next step for the project involves the solidification of additional incentive packages. The San Antonio City Council will review a package on October 31, while Bexar County’s Commissioners Court will consider an offer of assistance at a meeting on November 5. If all goes as planned, Navistar will break ground on the development by year’s end.
Enhancing a leadership position
The Navistar facility will mark yet another big step in San Antonio’s bid to further frame itself as a leading destination for advanced manufacturing. Navistar is not the only car company to make a commitment to metropolitan San Antonio this month. Toyota, headquartered in Plano, Texas, since 2017, revealed that it will invest $391 million at its truck assembly plant in the city, bringing total investment at the site to more than $3 billion. Additionally, Aisin AW, a transmissions and car navigation systems manufacturer, announced plans for a $400 million facility in Cibolo, a suburb of San Antonio. Navistar’s new San Antonio production plant is scheduled to become operational 24 months after construction commences.
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