Toyota mulls over $500 million investment into Texas plant, San Antonio Express-News reports

- Toyota Motor's North America arm is seeking tax relief for a potential $531.7 million investment in its Texas facility, the San Antonio Express-News reported citing public record filings on Tuesday.

Toyota has invested $4.2 billion in the San Antonio plant since 2003 and employs more than 3,700 workers at the facility, which began production in 2006.The San Antonio expansion could encompass more than 500,000 square feet of new space, but the company's presentation to Bexar County did not specify what would be added at the plant, the report said.Canada's inflation rate cools to 2.

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