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Partners To date, nearly $436 million in local contracts have been awarded by the city, state and Volkswagen. This includes more than $238 million with local suppliers for the New Midsized Sedan and $98 million with Volkswagen contractors and subcontractors for plant construction, with another $230 million over the next 20 years.
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Facts At-A-Glance $1B. Volkswagen's investment in the Chattanooga facility $686M. Local and state contracts awarded to-date. Includes $379 million awarded by the city, state and Volkswagen to construction contractors and subcontractors and $307 million in annual contracts with local and state parts suppliers. $230M. Additional construction awards in next 20 years $5.28M. Volkswagen's support of Partners In Education in Tennessee 2,000 Direct jobs 9,500 Estimated supplier-related jobs 90% Contracts awarded 50% Approximate Tennessee-based project companies 10% Minority- and women-owned businesses contracted for plant construction by start of production 10% Minority- and women-owned businesses contracted for vehicle production by 2015 (5 percent by 2010) — as of December 2009 |
