AW TEXAS, INC. BREAKS GROUND ON $400 MILLION HIGH-TECH MANUFACTURING PLANT
Tuesday, November 05, 2019
State and local officials celebrate the start of construction in Cibolo, TX
CIBOLO, TX (Nov. 4, 2019) – Representatives from AW Texas, alongside Governor Greg Abbott, City of Cibolo elected officials, and partners, officially broke ground on the AW Texas 159-acre automatic transmission plant in Cibolo, TX.
AW Texas is a subsidiary of Aisin AW Co., Ltd., and a leading manufacturer of transmissions around the world. This plant will be the third transmission plant of the Aisin Group in the U.S. and 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,” said Guadalupe County Judge, Kyle Kutscher.
Production of automatic transmissions at the plant is scheduled to begin September 2021, enhancing the state’s already strong reputation as a leader in manufacturing.
“We are grateful for the partnership with AW Texas. Cibolo offers a thriving business environment and ideal location for this type of investment and we look forward to our continued relationship with the company,” said City Manager Robert T. Herrera of Cibolo, TX.
The project is a result of a collaborative effort between the City of Cibolo, Guadalupe County, Guadalupe Valley Electric Cooperative (GVEC), the San Antonio Economic Development Foundation, and the State of Texas.
“GVEC is pleased to be a part of this community partnership and support the infrastructure of this transformative development for Guadalupe County and all of Central Texas,” said GVEC General Manager and CEO, Darren Schauer.
Manufacturing has an estimated $40 billion economic impact on the region and automotive manufacturing employs nearly 43,000 people across Texas. The tremendous growth in the industry will continue to have a positive impact on regional and state-wide economies, bringing high-tech jobs to the area and elevating workforce skills.
“The groundbreaking of this new plant represents the efforts of a strong and strategic regional partnership that will continue to position the area as a global leader and make us more competitive when it comes to working with innovative companies like AW Texas,” said Tom Long, Chief Development Officer of the San Antonio Economic Development Foundation.
|Outline of the company:|
|Company name||AW TEXAS, INC.|
|Location||City of Cibolo, Texas|
|Established||May 30, 2019|
|Capital||USD 10 million|
|Ownership||100% by AW North America|
|Representative||President Satoru Kasuya (now Managing Officer of AW)|
|Site area||159 acres (approx. 643,000 m2)|
|Business description||Production and sale of transmissions|
|Production items||Automatic transmissions, Hybrid transmissions|
|Production capacity||Approx. 200,000 units/year|
|Production start||September 2021 scheduled|
|Number of employees||Approx. 900 (as of the end of 2023)|
About City of Cibolo
The City of Cibolo became a home ruled City in 1965. Cibolo is located in Guadalupe County, with a small portion in Bexar County. The city limits stretch from I35 down to I10, and house a population of 31,000+ that continues to grow every day. On average, Cibolo welcomes 370 new homes and 1200 new residents every year. With a mixture of both suburban and rural lifestyles, Cibolo is one of the fastest growing suburbs on the I35 corridor, and is expanding its industrial, retail, and quality of life to meet the needs of the population. Cibolo is continuing to evolve, while honoring traditions of the past, which is why many families view Cibolo as the “City of Choice” for their businesses, families, and activities.
FOR IMMEDIATE RELEASE Contact: Maddie Dunn
KGBTexas, for AW Texas, Inc.