Nissan is determined to grab eight percent of global market share by 2016, and is investing heavily in its North American facilities to make that happen. After a $5.2 billion cash infusion, Nissan will grow by 9,000 jobs, expand capacity by 425,000 vehicles and 200,000 lithium-ion batteries.
With its existing NA plants, Nissan already produces all its core models here. But by 2015, the company plans to build at its North American plants 85% of all Nissan and Infiniti models sold in the U.S. Nissan's Smyrna, Tenn. plant will soon add the Leaf and Rogue to its lineup and the Canton, Miss. plant will add the Sentra to its truck production. To pull off that expanded lineup, Canton will get 1,000 new jobs boosting its payroll to 4,500 workers.
Nissan also has an engine plant in Decherd, Tenn., which will add 90 jobs this year and up to 400 new jobs eventually, to help build electric motors for the Leaf as well as Daimler.
In Mexico, Nissan plans to spend $2 billion to add a third plant with 3,000 workers making 175,000 subcompacts by late next year.
Finally, Nissan's Farmington Hills, Mich. research group will get 150 new co-workers for vehicle engineering and development.