A summarized press release from that other auto manufacturer in Mississippi:
NASHVILLE, Tenn. (April 7, 200
– Nissan North America, Inc. (NNA) today announced it is entering the Light Commercial Vehicle (LCV) business through a significant investment in North America.
Key to this new strategy is the Nissan plant in Canton, Miss., which will become the manufacturing center for a range of new LCV products aimed at the significant North American commercial vehicle market. Nissan will enter the LCV business with three all-new products in three years, developed by Nissan specifically for the North American market and built in Canton. The first of these three products will be launched in the first half of 2010.
In addition to the investment made for the tooling and development of the three vehicles themselves, Nissan will invest $118 million to expand Canton’s production facilities to manufacture LCVs.
In order to accommodate the capacity necessary to manufacture LCVs, Nissan will not produce the next-generation Nissan Quest minivan and Infiniti QX56 luxury SUV at Canton. Further details of the production shift will be announced at a later time.
On March 19, Nissan cut the work schedule in Canton from five eight-hour days to four nine-hour days. The change is intended to balance inventory levels, according to The AP.
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