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Toyota reported to be eyeing Ontario for new truck plant
Just over five months after Toyota announced the construction of a new car plant in Woodstock, Ont., the automaker's truck subsidiary is reported to be considering opening a plant in the same area.
The Toronto Star said Toyota's truck subsidiary, Hino Motor Sales Canada Ltd., will decide in the next month whether to build a small assembly plant in Canada.
The plant, which would be built next year, would build medium-duty trucks.
Axel Breuer, a Hino vice-president, told the newspaper that the company's other options include expanding its facility in Long Beach, Cal., or building a plant somewhere else in the United States.
The truck plant is expected to cost up to $15 million and employ about 50 people.
In June, Toyota said it will build its second Canadian auto assembly plant in Woodstock, creating thousands of direct and spinoff jobs.
* FROM June 30, 2005: Toyota to invest $800M in new Ontario plant
The announcement ended months of speculation that the Japanese giant had selected the southwestern Ontario town as its preferred site for the new facility, which will pump out 100,000 vehicles a year when it's up and running by 2008.
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