Japanese Automakers Spending Estimated $1.7 Billion on New U.S. Plants

Washington DC September 22, 2006; The AIADA newsletter reported that Japanese automakers are spending an estimated $1.7 billion in the construction of four new U.S. auto and auto parts manufacturing plants, that are expected to employ an additional 4,680 American workers once all four become fully operational, according to a new report from the Japanese Automobile Manufacturers Association.

In addition to these new investments, JAMA member companies are spending $382 million in two existing engine plants to increase their manufacturing capacity, according to the report.

"This investment underscores the extent of our members' commitment to satisfy American consumer demand for high quality, innovative products and to integrate our companies into the fabric of America," said William C. Duncan, JAMA USA General Director.

The JAMA report, entitled "Japanese Automakers in America: New Plants, New Jobs, New Vehicles," is produced annually to document Japanese automakers' investment in America.