Nissan, Suppliers Invest in Tennessee Facility Expansions
SUGAR LAND--July 16, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Automotive Industry is returning to rapid growth. Automakers are on the lookout for ways to increase inventories without greatly increasing costs. One method many U.S. automakers are using is to develop supplier parks around existing vehicle-manufacturing facilities. Nissan Motor Company (OTC:NSANY) (Nishi-ku, Japan) has announced plans to build a park to house logistics and manufacturing operations for many parts-suppliers near its assembly facility in Smyrna, Tennessee.
Within this article: Details on plans by Nissan Motor Company to build a supplier park near its assembly facility in Smyrna, Tennessee, as well as other plans from companies such as Honda Motor Company Limited (NYSE:HMC) and Toyota Motor Corporation (NYSE:TM).
