This post follows a recent one that I shared with you concerning the relocation of factories from China to Latin America.   That was about clothes and the textile industry, this time it is a huge loss to the Japan market and a gain for Mexico as Nissan announced plans to invest $2 Billion in a third Mexican Factory.  The strength of the Japanese yen is to blame.  This in from Bloomberg.

Nissan, the Asian carmaker with the biggest production capacity in Mexico, will spend as much as $2 billion on a third factory in the country as the yen’s strength drives the company out of Japan. The plant will open late next year in Aguascalientes, near one of Nissan’s two current Mexico factories. Initially, the plant will make 175,000 small cars a year before capacity gradually expands, Bloomberg reports.