Nissan Motor Co. announced today that they will be adding 1,000 new jobs to their operations in Tennessee alongside a staggering $160 million investment in a supplier park project.
According to a report from Automotive News, Nissan will be building a 1.5 million-square-foot integrated logistics center in the heart of their Smyrna, Tennessee operations. This facility will be used for a number of different projects, including inbound production parts and outbound returnable containers.
This, of course, is not the first major automotive investment in Tennessee over the past few months. That’s because more and more companies are doubling down on the potential of the state– a state that takes a great deal of pride in being one of the country’s epicenters for automotive development.
In fact, the official Memphis website boasts, “Tennessee is ideally located at the heart of this growing sector with more than 900 auto manufacturers and suppliers statewide. Tennessee’s favorable business climate features no personal income tax and one of the lowest tax burdens in the country. We’re a right-to-work state with competitive incentives that include job training and infrastructure grants, tax credits and applicant recruitment and screening.”
“We also have a skilled and available workforce with one out of every three manufacturing jobs in Tennessee supporting the auto industry. In fact, we’ve spent $81 million in state dollars since 2006 to train automotive workers.”
Nissan is now once again upping the ante inside the state. In fact, not only are they upping the ante, they are setting the bar, as no other company has built up a better Tennessee or AMERICAN plant than the Nissan Smyrna plant. That’s right; believe it or not, with over 648,000 vehicles built there last year, Nissan’s Smyrna plant has grown into the largest automotive assembly plant in all of North America!
Jose Munoz, executive vice president of Nissan, says of the company’s new $160 million investment, “Today marks an exciting new chapter in our more than 31-year partnership with the State of Tennessee as we continue our localization and investment efforts in the United States. This project is a key component to the long-term sustainability of our U.S. business as we close in on a goal of 10 percent U.S. market share.”
One thought on “Nissan Invests $160 Million More Into America’s Biggest Auto Assembly Plant”
thank you , this information is helpful ,
whether these are associated with the increase in the value of the dollar in the countries of Southeast Asia????
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