Company/Division name | Volkswagen Chattanooga |
Parent company | Volkswagon Group |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 1000 |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2022 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 800 |
Country(ies) from which reshored: | Germany |
City reshored to: | Chattanooga |
State(s) reshored to: | TN |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components, Transportation Equipment |
Product(s) reshored | compact SUV, ID.4, electric SUV, battery packs |
What domestic positive factors made reshoring more attractive? | Under-utilized capacity |