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FOR IMMEDIATE RELEASE:

Tuesday, June 25, 2019

GOVERNOR LEE, COMMISSIONER ROLFE ANNOUNCE MITSUBISHI MOTORS NORTH AMERICA TO RELOCATE US HEADQUARTERS TO FRANKLIN

Mitsubishi Motors will invest $18.25 million to move U.S. headquarters to Williamson County
Move will strengthen Renault-Nissan-Mitsubishi Alliance, bring approximately 200 jobs to Franklin
Relocation will begin in August and be completed by end of 2019

NASHVILLE, Tenn. – Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Bob Rolfe and Mitsubishi Motors North America officials announced today that the automaker will relocate its headquarters to Franklin, Tenn. from Cypress, Calif.

Mitsubishi Motors’ move represents an investment in the county of $18.25 million and brings approximately 200 jobs to Williamson County.

Since 1988, Mitsubishi Motors North America has been rooted in California. The relocation to Franklin will begin in August and be completed by the end of 2019. All departments will be relocating, including sales, marketing, IT, human resources, communications, parts and services, product planning, dealer operations, finance and legal.

Initially, Mitsubishi Motors will transfer operations to a temporary office in Franklin. Beyond that, the company is working with commercial real estate firm Jones Lang LaSalle to identify permanent offices.

The move is part of an ongoing plan to reinvent every aspect of Mitsubishi Motors in the U.S., from corporate leadership to dealer partners to every touchpoint in a customer’s relationship. It will sharpen the company’s focus on future growth and innovation.

Mitsubishi Motors’ move highlights efforts taken across the Renault-Nissan-Mitsubishi Alliance to bring the companies closer together in key areas, including procurement, development and cost efficiencies. The choice of Franklin brings Mitsubishi Motors closer to its sister company, Nissan, which has its North American headquarters in Williamson County.

Since 2013, headquarters jobs have grown by 37 percent in Tennessee, the fastest rate of growth among states in the Southeast.

QUOTES

“The reputation of Tennessee’s business climate and skilled workforce has attracted countless world-class businesses to our state. Over the years, Tennessee has become the epicenter of the Southeast’s thriving automotive sector, and I’m proud Mitsubishi Motors will call Franklin its U.S. home and bring 200 high-quality jobs to Middle Tennessee.” – Gov. Bill Lee

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