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Mitsubishi Motors announced that it is relocating its North America headquarters to TN.

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Mitsubishi Motors announced on Tuesday that it is relocating its North America headquarters to Tennessee, becoming the latest Japanese automaker to leave the state and head to a Southern state looking for lower operating costs.

 

Mitsubishi, which employs 200 people in Cypress, told the Orange County Register in a statement that the Nashville area offers strong technology skills and “cost savings through the business-friendly work environment.”

 

The  move will also 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 to Franklin, Tennessee, will result in an $18.25 million investment in the region and approximately 200 jobs.

 

https://ktla.com/2019/06/25/mitsubishi-motors-to-relocate-north-america-headquarters-from-cypress-to...

 

 

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