Volkswagen of America Plans Expansion for SUV Manufacturing in Chattanooga, Tennessee

URLhttp://www.areadevelopment.com/newsItems/3-20-2018
SourceArea Development
Date Published03/20/2018
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Volkswagen
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2018
Domestically, the work will be done:In-house
Capital investment ($):340
Country(ies) from which reshored:Germany
City reshored to:Chattanooga
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshored5 passenger SUV
What domestic positive factors made reshoring more attractive?, Growing demand in US market
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