Nissan wrecked Japan plant won't resume work until JuneMarch 30, 2011 - 16:27 AMT PanARMENIAN.Net - Nissan Motor Co. said Wednesday, March 30, that an engine plant wrecked by the March 11 tsunami won't return to operations until June and it will take "some time" before auto production runs at full capacity. According to The Associated Press, Nissan spokesman Mitsuru Yonekawa said the Iwaki factory, one of Nissan's two engine plants in Japan, still has no running water. The factory makes 376,000 engines annually. Nissan shut down its entire auto production in Japan from March 14-16. Nissan said all its auto plants are now running at limited capacity due to parts shortages. Yonekawa said it would take "some time" for Nissan to resume auto production at full capacity. The company said the tsunami, which decimated much of industrial northeastern Japan, would result in a production loss of 55,000 cars by the end of March. Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news |