Ontario-based automotive supplier Magna International is eyeing GM’s soon-to-be-closed Oshawa facility as a contract manufacturing plant, Automotive News Canada reports.

According to Magna CEO Don Walker, if his company is able to secure contracts to build vehicles from different manufacturers under the same roof, the Oshawa plant could be a perfect venue for the operation.

“If we had four or five customers that said, ‘I’ll give you 20,000, 30,000, 40,000, 50,000 vehicles,’ and we got that up to 120,000 to 150,000 vehicles, then we could have a plant,” Walker said.

Magna’s Austrian branch is already doing this across the pond. Currently, it’s being contracted to build the new GR Supra for Toyota, and has worked with brands like Jaguar, BMW, Mercedes-Benz and Aston Martin in the past.

The GM plant is ideal for contract assembly, as it was recently upgraded to flexible manufacturing, a $2-billion dollar expense from a decade ago. There’s even a renovated paint shop that now allows up to 27 different body styles.

GM is putting the brakes on production in the Oshawa plant at the end of 2019, ending 112 years of vehicle production.

Recently GM announced its Cadillac CT6 sedan would not be discontinued as previously indicated, despite the Hamtramck assembly plant where it’s built being slated for closure. When asked if production for that vehicle could move to Oshawa, Walker offered “We’re always interested in everything.”

Walker himself got started in the automotive industry working at the Oshawa plant nearly 40 years ago.