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January 26, 2012

Nissan to build $2B car plant in Mexico

  • Construction is expected to begin this summer, with car production starting by the end of 2013.

    • MEXICO CITY (AP) — Nissan Motor Co. announced Wednesday it is investing $2 billion to build a new manufacturing plant in Mexico. It will be the Japanese company's third in the country, helping it serve markets throughout the Americas.

    Construction of the plant in the northern state of Aguascalientes will begin this summer and production should start by the end of next year, according to a company statement. It said an industrial park for supplier companies also will be built.


     
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