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Eugene

(62,736 posts)
Tue Jun 25, 2019, 08:51 PM Jun 2019

Mitsubishi Motors to relocate North America HQ to Tennessee

Source: Associated Press

Mitsubishi Motors to relocate North America HQ to Tennessee

By KIMBERLEE KRUESI
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.

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Read more: https://apnews.com/aa4b3c71a20d4afb8733dcc5cbdfdb4d
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Mitsubishi Motors to relocate North America HQ to Tennessee (Original Post) Eugene Jun 2019 OP
Well, I've never bought a Mitsubishi, and never will. AJT Jun 2019 #1
This message was self-deleted by its author Chin music Jun 2019 #2

Response to Eugene (Original post)

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