VW building new TN plant, creating 2,000 jobs
More new jobs are coming to Tennessee thanks to the expansion of Volkswagen.
The company announced Monday morning it plans to expand it's U.S. operations by adding a new manufacturing line.
The automaker plans to build a new plant to manufacture a new mid-size SUV for the American market.
Volkswagen will make a $900-million investment in the facility which will create 2,000 jobs.
"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. "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."
The expansion will also create the National Research & Development and Planning Center of the Volkswagen Group of America.
The state of Tennessee is providing a $165.8 million grant for costs associated with site development and preparation, infrastructure, production equipment acquisition and installation, and facility construction.
In addition, the state will provide a $12 million grant for training new employees. As part of the incentive package, Volkswagen Group of America has agreed to waive its right to claim certain statutorily available tax credits directly related to the expansion.
Volkswagen Chattanooga currently employs 2,500 people. Hiring for new production positions will occur closer to the launch of the new product. The details of that application and assessment process will be announced at that time.
Immediate needs will center around professional candidates with skills in areas such as purchasing, logistics, engineering, and human resources to begin the preparations for the parts, equipment and people needed to produce the new product line. Interested candidates can search and apply for open positions online at vwjobschattanooga.com or on major online sites such as LinkedIn and CareerBuilder.
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