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June 22, 2005
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Nissan to Build Altima Hybrid at Smyrna Manufacturing Plant

Vehicle scheduled to be launched in 2006 as 2007 model


Photo: Nissan

NASHVILLE, Tenn. - The Nissan Altima gasoline-electric hybrid car will be manufactured at Nissan's manufacturing plant in Smyrna, Tenn., beginning in 2006, it was announced today.

Dan Gaudette, Nissan senior vice president of North American Manufacturing and Quality Assurance, made the announcement along with Tennessee Governor Phil Bredesen and Economic & Community Development Commissioner Matt Kisber before the company's Tier I suppliers who are holding their annual quality meeting.

Nissan will invest $10.4 million for additional equipment and minor modifications at the Smyrna plant to accommodate the hybrid. No square footage will be added and some employees will undergo training to help build the vehicle.

 

"We're looking forward to manufacturing this new, innovative product," said Gaudette. "It's a testament to the skill of our workforce, as well as the flexibility of our manufacturing operation, that we can do this given the complexities of already building five different vehicles in Smyrna. It will be in very capable hands."

In helping Gaudette make the announcement, Governor Bredesen welcomed the news of continuing growth by a company that has called Tennessee home since its 1980 groundbreaking.

"We are pleased to join Nissan for another significant investment announcement for the State of Tennessee," the Governor said. "Since taking office in 2003, we have shared in three major economic development announcements with Nissan which demonstrates their commitment to investing and growing jobs in this state. They have experienced the positive business environment we offer here and know firsthand the quality of our work force. Nissan is a valuable corporate partner, and we look forward to building on our relationship with them and creating more opportunities in the future."

"Our focus is to work with our existing industries like Nissan to create a positive business climate and ensure there are good jobs for Tennesseans," Tennessee Economic and Community Development Commissioner Matthew Kisber added. "The announcement being made today reflects our continued efforts to build an even stronger economic engine in Tennessee. We appreciate the investment that Nissan has made in our state and the confidence the company has shown in our work force. We look forward to many more positive job creation announcements."

(June 17, 2005)


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