VW banking on engineering center to jump U.S. sales

SourceDetroit Free Press
Date Published08/06/2015
Author NameAlisa Priddle
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Gestamp Chattanooga
Parent companyGestamp
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Transplant
Total number of jobs (added or to be added):510
Year reshoring announced:2015
Year reshoring implemented or to be implemented:2015
Domestically, the work will be done:In-house
Capital investment ($):180
Country(ies) from which reshored:Spain
City reshored to:Chattanooga
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredStamping for VW
What domestic positive factors made reshoring more attractive?Eco-system synergies, Other, Volkswagen
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