(autoinsidernews) - Toyota is considering adding as many as five assembly plants in North America over the next 10 years, according to insiders familiar with the plans. According to the anonymous sources, since the plans are not public yet, Toyota will build at least one factory in the southeastern U.S. and one in Mexico, reports Trend.
The additional plants would would give Toyota 12 in North America, about the same number Ford Motor Co. will have after its current round of closings. Based on Toyota's recent investments, the five plants would create about 10,000 jobs and cost $5 billion.
Toyota is struggling to meet growing U.S. demand as the automaker's U.S. sales were up 13 percent last year.