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MANUFACTURING JOB FACTS
- U.S. subsidiaries support 81,000 manufacturing jobs
in Tennessee, a 19% increase from ten years ago. Manufacturing
companies tend to have a strong "multiplier"
effect on the economy-stimulating a substantial amount
of activity and jobs in other sectors through their demand
for inputs from other suppliers.
Overall, approximately 53% of jobs at U.S. subsidiaries
in Tennessee are in manufacturing industries.
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ONE COMPANY'S STORY
Nissan Motor Company, the U.S. subsidiary
of the Japanese carmaker, recently announced that they would
begin production of the popular Maxima sedan at its assembly
plant in Smyrna. This move will add 2,000 jobs in Tennessee,
1,000 each in the parts plant in Decherd, and the production
plant in Smyrna. These new jobs will bring the total number
of Nissan employees in the state to 8,000. This production
extension comes after the company's recent announcement
of a $1 billion expansion of its engine and transaxle factory
in Smyrna.
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