Nissan dropping $2 billion for new plant in Mexico

Nissan Mexico Plant

Nissan announced yesterday that it plans to invest up to $2.0 billion USD for an all-new plant in Aguascalientes, Mexico, to support the company’s growth strategy in the Americas.

The new plant, which will complement the Japanese automaker’s already two existing Mexican plants, i scheduled to kick off operations in late 2013. The new complex will support production of up to 175,000 units annually of Nissan’s ‘B’ platform products. Nissan will explore expansion of the site in phases as product and capacity are formalized.

The plant will create up to 3,000 direct jobs with approximately 9,000 positions to be generated within the supply chain and wider community.

“Mexico is a key engine for Nissan’s growth in the Americas,” said Carlos Ghosn, chairman and chief executive officer, Nissan Motor Co, Ltd. “Together with our new plant in Brazil, this new manufacturing facility in Aguascalientes is an important pillar in our strategy to ensure that Nissan has the capacity it needs to increase sales volume and market share across the Americas.”

– By: Omar Rana