Tuesday, July 15, 2008
Volkswagen To Build New Auto Plant In Tennessee: Ohio Sucks Dust
CINCINNATI (TDB) -- The German automaker says it will invest $1 billion in a new plant to build cars in North America. The factory is going up near Chattanooga. Meanwhile, Ohio is losing auto plants and jobs. GM said it will shutter its Moraine SUV factory ahead of the announced 2010 schedule, and Ford closed a transmission plant near Cincinnati last month.