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.