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May 15, 2009

Foreign auto makers expand in the South

  • Optimism surrounding VW and Kai projects seems a world away from Detroit.
    • By BILL POOVEY
    Associated Press Writer

    CHATTANOOGA, Tenn. — Volkswagen AG executives celebrated raising the first walls of their $1 billion assembly plant yesterday in Chattanooga, Tenn., giving them a chance to smile amid the auto industry's global despair.

    When construction is finished and VW starts making a new mid-size sedan in 2011, Chattanooga's biggest catch will be 2,000 jobs at the plant and thousands of others at suppliers and other related businesses.


     
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