U.S. Manufacturers Unveil $3.6 Billion in New Projects, Led by Toyota Texas Expansion

U.S. manufacturers have announced more than $3.6 billion in new domestic projects since early May 2026, accelerating a push to shorten supply chains and expand production capacity. Toyota (NYSE:TM) is seeking approval for a $2 billion assembly line at its San Antonio complex, according to Reuters. The “Project Orca” expansion could begin construction later this year, start production in 2030 and create roughly 2,000 jobs. Japanese supplier MISUMI Group launched MISUMI Americas, backed by a $1 billion global initiative, combining industrial components with AI-powered digital manufacturing. Walmart (NYSE:WMT) opened a $350 million milk processing plant in Robinson, Texas, employing over 400 and supplying 650 regional stores. XPEL invested $110 million in a North American manufacturing hub, while LEV Manufacturing and others added facilities across the South and Midwest. Despite the investment wave, federal data showed U.S. manufacturing shed 2,000 jobs in April 2026, and the ISM employment index signaled contraction at 46.4%. The overall PMI remained in expansion at 52.7%, but tariff and geopolitical uncertainties persist.