The Wall Street Journal is reporting that Toyota is in the process of scouting locations and performing feasibility studies on opening another plant in the U.S.

The addition of another manufacturing center within the States would make the total number of ToMoCo plants rise to eight, further shoring up production capacity in one of its most prosperous markets.

According to sources cited by the WSJ, Toyota has five locations in mind, all of which are in the southern U.S., and currently include Chattanooga, TN and Marion, AR. Back in mid-December, the SouthernAutoCorridor.com reported that sites in North Carolina and Southwest Virginia were being reconed as well.

There may be an announcement about Toyota's intentions later this month and according to the WSJ's sources, the plant will likely produce Highlander SUVs to the tune of about 200k per year, when the plant opens in 2009.

[Source: Drive.com.au, Wall Street Journal, SouthernAutoCorridor.com]