A Tennessee company, M-Tek Inc., has received a $147 million contract from Volkswagen to supply interior door panels for VW’s new midsize sedan to be built at the German automaker’s new plant in Chattanooga.
A statement from Tennessee economic development officials and VW said the contract will mean continued employment for about 60 to 70 M-Tek employees, including a 20-employee operation expected at the Chattanooga VW plant that is expected to start production in early 2011.
Tennessee Department of Economic and Community Affairs spokeswoman Julie Solomon said Thursday she did not know if new jobs will be created.
Solomon said M-Tek in Manchester has about 900 employees and is also is a supplier for Nissan’s plant at Smyrna, as well as for Honda and General Motors. She said M-Tec has been operating in Tennessee for 23 years.
Source: WATE