Japanese truck maker Hino Motors, Ltd. announced today it would form a joint venture with Japanese trading company Mitsui & Co. to build a new truck manufacturing facility in Guanajuato, Mexico. Production is anticipated to begin in July 2009 with annual capacity of 1,200 units.
Hino is an affiliate of Toyota Motor Corp. Mistui & Co. is an affiliate of Mitsui Group, one of the largest conglomerates in the world.
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