Week of December 17, 2001
Blockbuster Deal of the Week
from Site Selection's exclusive New Plant database
By JACK LYNE
Site Selection Executive Editor of Interactive Publishing
JACKSON, Miss. -- The ripple effects continue to multiply from the US$950 million investment that Nissan (www.nissandriven.com) dropped into Mississippi's economy late last year.
Nissan North America has announced a second wave of production suppliers to serve the 3,500-employee plant that it's building in Canton, Miss. Together, the new operations represent an investment of more than $110 million and will create approximately 1,000 new jobs, Nissan officials reported.
Supplier Tally Thus Far: Investment
Nissan's move to Mississippi irrevocably altered the state's economy, Gov. Ronnie Musgrove
"We're now seeing the ripple effect created by Nissan's massive operation in Canton," Musgrove continued. "The investments being made by these new plants and service companies continue to demonstrate that Mississippi is a great place to do business. . . . Ladies and gentlemen, in a time when the economy is in a downturn, and in a time when we see companies downsizing across America, today is a great day for the state of Mississippi."
And the Suppliers Are . . .The second supplier wave for the Canton plant includes:
JVs Will Head Supplier Logistics,
IMS Autrans, a joint venture between Integrated Management Services (IMS) and Autrans Corp., will manage the supplier logistics center. IMS Autrans will build a 200,000-sq.-ft. (18,000-sq.-m.) facility on the site of the Canton plant.
The $15 million facility will employ up to 250 employees, with construction beginning in the first quarter of 2002, IMS and Autrans officials said.
The joint-venture facility will provide final assembly services for several suppliers that have manufacturing facilities located outside the state of Mississippi, Nissan officials explained. The supplier logistics center will also provide logistics services, including cross-docking, part-kitting and sequencing, for parts delivered to the Canton plant, they added.
IMS, a minority-owned company based in Jackson, Miss., will be the majority owner of IMS Autrans.
The second newly created joint venture is AJA SouthStar Transport, which combines the efforts of AJA Management & Technical Services Inc. and Star Transportation Inc.
AJA SouthStar Transport will deliver parts to the Canton plant from Nissan's plants in Smyrna and Decherd, Tenn. The joint-venture operation will also provide transportation services for component parts suppliers and other shippers to Nissan's Canton plant. AJA SouthStar Transport will build 6,000 sq. ft. (540 sq. m.) of new office and service space, as well as a 10-acre (four-hectare) paved and fenced drop lot in the Central Mississippi Industrial Center.
The AJA SouthStar joint venture also includes another minority-owned, Jackson-based firm, AJA Management & Technical Services. Said Hassan of the newly named minority-owned suppliers, "Again, our supplier development is demonstrating Nissan's commitment to diversity, creating win-win partnerships that will benefit the region and the region's economy."
©2001 Conway Data, Inc. All rights reserved. Data is from many sources and is not warranted to be accurate or current.