Geoff Ramsey Realtor
On Monday, January 14, 2019, Volkswagen announced a major expansion to the Chattanooga plant. This will greatly impact the real estate market in Chattanooga and the surrounding areas. Here is the article as posted on the chattanooogan.com website.
Chattanooga will be home to Volkswagen’s first electric vehicle manufacturing facility in North America, officials announced Monday.
The project represents an investment of $800 million by Volkswagen and the creation of 1,000 jobs in Hamilton County, Governor Bill Haslam and Department of Economic and Community Development Commissioner Bob Rolfe said.
“The shift toward electric vehicles is a trend that can be seen worldwide, and Volkswagen’s decision to locate its first North American EV manufacturing facility in Chattanooga underscores Tennessee’s manufacturing strength and highly-skilled workforce,” Governor Haslam said. “As one of Hamilton County’s top employers, these additional 1,000 jobs will have a lasting impact on the region. I thank Volkswagen for its partnership and also applaud the company for its ongoing commitment to education and workforce alignment, which helps Tennessee build a pipeline of talent for years to come.”