HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Topics » Recreation » Automobile Enthusiasts (Group) » Mitsubishi Motors to relo...

Tue Jun 25, 2019, 08:51 PM

Mitsubishi Motors to relocate North America HQ to Tennessee

Source: Associated Press

Mitsubishi Motors to relocate North America HQ to Tennessee

June 25, 2019

NASHVILLE, Tenn. (AP) — Mitsubishi Motors announced on Tuesday that it is relocating its North America headquarters from California to Tennessee, a move that will bring the Japanese automaker closer to its sister company Nissan and strengthen Tennessee’s growing reputation as an epicenter of the automotive sector.

Tennessee Gov. Bill Lee and Department of Economic and Community Development Commissioner Bob Rolfe — who made the announcement with Mitsubishi Motors North America — say the headquarters move from Cypress, California, to Franklin, Tennessee, will result in an $18.25 million investment in the region and approximately 200 jobs.

Lee and Rolfe added that they met with Mitsubishi’s global executives last week to convince them to move to Tennessee while in Japan during the Republican governor’s first trade mission. It is unclear what financial incentives state officials offered Mitsubishi to move to Tennessee.

“As we drive toward the future, this is the perfect time for us to move to a new home. While we say farewell to the Golden State with a heavy heart, we’re excited to say hello to Music City,” Fred Diaz, Mitsubishi Motors North America’s president and CEO, said in a statement.


Read more: https://apnews.com/aa4b3c71a20d4afb8733dcc5cbdfdb4d

2 replies, 318 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 2 replies Author Time Post
Reply Mitsubishi Motors to relocate North America HQ to Tennessee (Original post)
Eugene Jun 2019 OP
AJT Jun 2019 #1
Chin music Jun 2019 #2

Response to Eugene (Original post)

Tue Jun 25, 2019, 08:53 PM

1. Well, I've never bought a Mitsubishi, and never will.

Reply to this post

Back to top Alert abuse Link here Permalink

Response to Eugene (Original post)

Reply to this thread