Yanfeng Automotive Interiors plans to invest $55 Million for new manufacturing plant in Chattanooga, Tennessee to support Volkswagen.
Yanfeng Automotive Interiors will supply interior components including floor consoles, instrument panels and trunk trim for future Volkswagen models at the automaker's Chattanooga assembly plant.
Yanfeng Automotive Interiors is a joint venture between Yanfeng Automotive Trim Systems Co., Ltd, a wholly owned subsidiary of Huayu Automotive Systems Co., Ltd., the component group of SAIC Motor Corporation Limited, and Johnson Controls, a global multi-industrial company.
The company will create 325 jobs by the time it starts production in late 2016.
|Company Name||Yanfeng Automotive Interiors|
|Production Start's In||late 2016|
|Estimated Cost||$55 Million|