10 years ago on this day Volkswagen announced the location of its new plant in the United States, saying "It's Chattanooga."
“Volkswagen Chattanooga’s success is important to the overall strategy of the Volkswagen Group,” said Antonio Pinto, president and CEO of Volkswagen Chattanooga. “Reaching this milestone has only been possible through the contributions of each of our 3500 team members and through the collaboration with the City of Chattanooga, Hamilton County and the State of Tennessee. We look forward to many more years filled with growth and progress.”
VW's Chattanooga decision resulted an initial investment of approximately $1 billion in Chattanooga, and the commitment to hire 2000 team members. Over the past 10 years, this investment has grown to more than $2.3 billion, resulting in 3500 jobs and the assembly of nearly 800,000 vehicles.
