CHICAGO Nissan North America Inc. says it is making rapid progress on the construction of its third manufacturing plant in Mexico.
The assembly plant in Aguascalientes is intended to increase manufacturing capacity to satisfy demand in both the Mexican and international markets, the Franklin, Tenn.-based company said.
Construction started in July and is nearly 80 percent complete. Nissan aims to have the plant operational by year-end.
The expanded production will be supported by a network of suppliers based at the adjacent supplier park, as well as from other locations, the company said. Nissans Mexican-made vehicles have 80 percent domestic content. The facility is expected to create 3,000 new jobs and 9,000 indirect jobs, it said.
When completed, the plant will be able to produce 175,000 compact vehicles per year, according to Nissan.