Brand-New Nissan Manufacturing Plant In Russia Finalized

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CarMax, is the nation's largest retailer of used cars. Headquartered in Richmond, Va., CarMax currently operates 105 used car superstores in 51 markets.



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This new assembly and manufacturing plant that will be built in St. Petersburg, Russia would cost the company a whopping $200 million. The company foresees that come the year 2009, this plant would be functional and fully operational. Plans also include that this plant would be able to create more jobs for many people. There would be around 750 people to be employed. Production of the plant would also take up to 50,000 units per year. Nissan cars that are specially targeted for the Russian automobile market would be among the list of cars that would be manufactured in this plant.

Genuine Parts Company plans to release Second Quarter Earnings on July 15, 2011. Management will also conduct a conference call on this date at 11:00 a.m. Eastern time.

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