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Nissan to create 9000 jobs

Mexico City, Mexico - Japanese automaker Nissan plans to build a new plant in the central Mexican city of Aguascalientes, with an investment of R15.7 billion that will directly generate some 3000 jobs and thousands of added jobs in the supply chain.

Carlos Ghosn, chairman and CEO of Nissan said: "Mexico is a key engine for Nissan's growth in the Americas."

The Japanese automaker already has a plant in Aguascalientes and another in Cuernavaca. In 2011, Nissan made a record total of 607 087 units in Mexico, following an investment of R2.3bn to boost production.

Construction of the new complex is to start later in 2012 and the new plant is to begin operations by late 2013, Nissan said. In the initial phase of development, it is to produce 175 000 vehicles per year.

JOB CREATION

Ghosn said: "Up to 3000 direct jobs will be created initially at the new facility, with approximately 9000 positions to be generated within the supply chain and wider community. With these additional jobs, Nissan's total headcount in Mexico will expand to nearly 13 500."

Nissan is also expanding in Brazil, where it is building a R11.8bn new plant in Resende.

Nissan has a market share of close to 25% in Mexico, but most of the vehicles the brand makes there are for export. In 2011, the automaker sold outside Mexico, mainly in the US and Brazil, more than 410000 of the vehicles made there.
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