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Nissan to build $2 billion plant in Mexico

Nissan Motor Company recently announced it will invest up to $2 billion for a newly built manufacturing plant in Aguascalientes, Mexico, to further develop the company's Americas growth strategy.

The new complex will give Nissan the the ability to use existing and future operations to share critical resources.

Nissan already has two Mexican factories and is scheduled to open the new manufacturing facility in late 2013.

"Mexico is a key engine for Nissan's growth in the Americas," said Carlos Ghosn, chairman and CEO of Nissan Motor Co. "Together with our new plant in Brazil, this new manufacturing facility in Aguascalientes is an important pillar in our strategy to ensure that Nissan has the capacity it needs to increase sales volume and market share across the Americas."

Up to 3,000 jobs will be created initially at the new facility, in addition to 9,000 other positions that will be generated within the supply chain and wider community.

Nissan recently advanced to become the No. 2 Asian brand in the Americas with sales rising 17.2 percent in 2011, which might encourage Americans to secure car financing or an auto loan to purchase one of the brand's vehicles.

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