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Volkswagen announces $600 million Chattanooga expansion, 2,000 new jobs

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posted on Jul, 14 2014 @ 03:53 PM
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A bit of good news coming from Volkswagen in Tennessee.

They will be expanding production and hiring 2000 more employees.

The expansion will focus on mid size SUV's for the U.S.



NASHVILLE -- Volkswagen Group of America will expand its Chattanooga facility to build a midsize SUV for the U.S. market, investing $600 million and creating 2,000 new jobs in Hamilton county, according to a release from Gov. Bill Haslam.

"Today is an exciting day not just for Chattanooga and Hamilton County but for all of Tennessee, and I want to thank Volkswagen for its significant long-term investment in our state,” Haslam said in the release. “The impact of this announcement goes far beyond the 2,000 new jobs because of the large multiplier effect of the automotive industry, and adding an additional manufacturing line and the National Research & Development and Planning Center sends a clear signal that Tennessee can compete with anyone in the global marketplace.”



Volkswagen announce $600 million Chattanooga expansion, 2,000 new jobs



edit on Jul-14-2014 by xuenchen because:





posted on Jul, 14 2014 @ 03:59 PM
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Congrats to the people of Tenn. It makes no sense foreign companies want to invest in America while Americans want to move jobs out of America.



posted on Jul, 14 2014 @ 04:06 PM
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Yes good news for Tenn, GM, Ford & Toyota are pulling out of Australia.
Gm estimate it will cost them $600 million to close shop here, go figure.


a reply to: xuenchen



posted on Jul, 14 2014 @ 08:10 PM
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If VW would stop blocking your choice of mechanic for repairs and upkeep on newer vehicles I would probably look at them since they are creating jobs here. At this time you have to go to a specialist for codes, (which VW gives to the dealerships so big money for repairs/upkeep).





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