The Japan-United States
Autos and Auto Parts Consultations

Steadfast implementation of the Measures and increased foreign access to the Japanese autos and auto parts market

employing a significant number of U.S. workers

Projects Pursued Recently by Japanese Automobile Manufacturers Based in the United States, Including Construction of New Factories These projects are included in global plans announced by Japanese automobile manufacturers when the Japan-United States Autos and Auto Parts Consultations were successfully concluded in June 1995:

• Toyota: On 30 November 1995, Toyota announced a plan to invest about US$700 million in construction of a new factory in Princeton, Indiana, to manufacture about 100,000 small pickup trucks per year, starting in the autumn of 1998. This is expected to create about 1,300 jobs.
• Nissan: On 20 December 1995, Nissan announced a plan to invest about 5 billion to construct an assembly plant in Decherd, Tennessee, for the assembly of automatic transmissions. It is anticipated that this will create about 400 jobs.

Source: Japan Automobile Manufacturers' Association