Nissan Motor Co. is building a new $160 million supplier park at its Tennessee assembly plant in Smyrna that the Japanese automaker says will lead to the creation of more than 1,000 jobs.
Nissan North America Chairman Jose Munoz on Tuesday called the supplier park a key component in the company's drive toward capturing 10 percent of the U.S. market share.
Nissan's plans call for the new 1.5 million-square-foot logistics center to be built in phases starting next year and completed by the end of 2017.
More than 8,400 people work at the Nissan plant that built 648,000 vehicles last year, making it the highest-producing plant in North America. The plant, which opened in 1983, makes the Altima, Maxima, Leaf, Rogue, Pathfinder and Infiniti QX60.