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NISSAN MOTOR MANUFACTURING NAMED ONE OF '100 BEST'

 SMYRNA, Tenn., Jan. 22 /PRNewswire/ -- Nissan Motor Manufacturing Corporation U.S.A. (NMMC) was named today as one of the "100 Best Companies to Work For in America" for the second time.
 Business journalist Robert Levering and Milton Moskowitz announced the award today in New York. They held a news conference in conjunction with the release of the second edition of their book "The 100 Best Companies to Work For in America" (Currency/Doubleday). The first edition was published in 1984.
 NMMC is one of only two Tennessee companies named by the authors -- Federal Express Corporation of Memphis is the other -- and also one of two U.S. auto manufacturers chosen. Honda of America Manufacturing in Marysville, Ohio, was also named.
 NMMC was one of 55 companies that made the list for the second time.
 Jerry L. Benefield, president and CEO of NMMC, said he was extremely proud that the authors again recognized the company.
 "I'm proud of our employees because they make this company what it is," he said. "There are thousands of manufacturing companies in this country, so it's not just the work we do that makes us stand out from the crowd. What sets us apart is the culture in which we work."
 In describing their work, authors Levering and Moskowitz said, "The 100 companies profiled in this book ... are magnets for people looking for meaningful work. They are models for companies trying to get it right."
 The authors said they interviewed thousands of employees to come up with a roster of firms where people "are happy to work because they are treated with respect."
 Research for the second edition began with nominations for hundreds of companies. The two chose 147 companies for site visits, which included a facility tour and formal and informal interviews. On the basis of those visits and further research, the authors chose the top 100 companies.
 Levering and Moskowitz said the spirit of employee participation, sensitivity to work and family issues, sharing of the corporate wealth, a sense of fun, and more trust between management and employees distinguished the top 100 companies from the rest of the field.
 Companies were judged in the following areas: pay and benefits, opportunities, job security, pride in work and company, openness and fairness, and camaraderie and friendliness. Five stars was the top rating.
 NMMC received four stars for pay and benefits, opportunities, job security, and openness and fairness. It earned three-star ratings for pride in work and company, and camaraderie and friendliness.
 The authors specifically noted that NMMC is the only U.S. manufacturing facility of a Japanese automaker run by Americans. All of NMMC's top management is American; of the company's nearly 6,000 employees, fewer than 25 are Japanese.
 Levering and Moskowitz also lauded Nissan's strong pay and benefits package, the company's philosophy of common treatment among all employees and its frequent direct communication with employees.
 The authors specifically recognized two perks: the lease-vehicle program and the recreation facilities, which are available both in the plant and at the adjacent Nissan Activity Center.
 "This award is a testament to our corporate philosophy statement, which begins with the phrase, 'People are our most valued resource,'" Benefield said. "We live that philosophy statement every day, and I see this award as recognizing that commitment."
 Nissan Motor Manufacturing Corporation U.S.A. represents an investment of $1.35 billion. Its employees manufacture Altima midsize sedans, Sentra passenger cars and Nissan pickup trucks; assemble engines and rear axles; produce plastic bumper facias and fuel tanks; and provide engines and stampings for the Nissan Quest/Mercury Villager minivan. The facility's annual production capacity is 450,000 vehicles.
 -0- 1/22/93
 /CONTACT: Bucky Kahl, Jan Read or Vicki Smith of NMMC Public Relations, 615-459-1963/


CO: Nissan Motor Manufacturing Corporation U.S.A. ST: Tennessee IN: AUT PUB SU:

DH-SM -- DE021 -- 7999 01/22/93 15:02 EST
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Date:Jan 22, 1993
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