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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.”