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Yanfeng Automotive Interiors plans for new $55 Million Manufacturing Plant in Chattanooga, Tennessee

Specifications:
Name:
Yanfeng Automotive Interiors plans for new $55 Million Manufacturing Plant in Chattanooga, Tennessee
Location:
Chattanooga, Tennessee
Company:
Yanfeng Automotive Interiors
Estimated Cost:
$55 Million
Source:
areadevelopment.com
Introduction:
Yanfeng Automotive Interiors plans to invest $55 Million for new manufacturing plant in Chattanooga, Tennessee to support Volkswagen.
Features:
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.