VW to open a plant in Tennessee
- added July 16, 2008
- 1 responses
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- merasyad
- added this
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German carmaker Volkswagen (VW) has chosen to locate its new US car plant in Tennessee, a move that could pump $1bn into the local economy. VW opted for a site in the city of Chattanooga in preference to possible locations in Alabama and Michigan.
The euro's rise against the dollar has made it costly to make cars in Europe and export them to the US, leading VW to explore manufacturing again there.
When it is up and running in 2011, the new plant will employ 2,000 people directly as well as offering business to hundreds of suppliers. The new facility will eventually have an annual capacity of 150,000 vehicles and will be used to build a new midsized vehicle for the US market.
The euro's rise against the dollar has made it costly to make cars in Europe and export them to the US, leading VW to explore manufacturing again there.
When it is up and running in 2011, the new plant will employ 2,000 people directly as well as offering business to hundreds of suppliers. The new facility will eventually have an annual capacity of 150,000 vehicles and will be used to build a new midsized vehicle for the US market.
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I posted this yesterday. Give my story some love too please!
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- shroomfairy
- 5 months ago
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