Daimler poised to shut the doors of Mississauga bus plant
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Daimler AG is closing a bus plant in Mississauga, as part of a plan to shut down it’s North American transit bus business. The company says it will immediately stop taking orders and is looking to close the plant once it completes its current orders over the next year. Daimler says the decision follows expectations that the transit bus business will remain depressed for the next several years.