Yanfeng Automotive Interiors to Invest $55 Million, Create 325 Jobs In Chattanooga

Yanfeng, the world’s largest automotive interiors supplier, will invest $55 million in the company’s fourth U.S. facility and create 325 new jobs in Chattanooga, TN.

Yanfeng-Automotive-Interiors
Photo credit: Yanfeng Automotive Interiors

Yanfeng Automotive Interiors will establish new automotive manufacturing operations in Chattanooga, TN to support Volkswagen. Yanfeng, the world’s largest automotive interiors supplier, will invest $55 million in the company’s fourth U.S. facility and create 325 new jobs in Hamilton County.

“We are pleased to establish a facility in Chattanooga to support Volkswagen,” said David Wang, Yanfeng Automotive Interiors vice president and deputy general manager, North America. “We appreciate the partnership with our customer, as well as local and state officials, who are working closely with us to launch this new manufacturing location.”

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. Production is slated to begin in late 2016.

“We want to welcome Yanfeng Automotive Interiors to Tennessee and thank the company for its investment in Chattanooga and Hamilton County,” Gov. Bill Haslam said. “As the world’s largest automotive interiors supplier, Yanfeng can locate anywhere in the world, and its decision to expand its global presence in Tennessee is another example of our state’s competitiveness in the global marketplace.”

“Yanfeng Automotive Interiors is another success that validates our investment in Enterprise South,” Hamilton County Mayor Jim Coppinger said. “We’ve proven we’re an outstanding manufacturing location with a well-prepared workforce. We’re striving to enhance our career readiness still further by focusing on disciplines like science, technology, engineering and math in Hamilton County Schools.”

Yanfeng Automotive Interiors is a leading supplier of instrument panels and cockpit systems, door panels, floor consoles and overhead consoles. Headquartered in Shanghai, China, the company has more than 90 manufacturing and technical centers in 17 countries and employs over 28,000 people globally.

Established in 2015, 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.

Automotive, Capital Investment, Daily News, Economic Development, Industries, Manufacturing, Site Selection Factors, Tennessee, USA - Southeast

Automotive, Capital Investment, Chattanooga, Economic Development, Tennessee Department of Economic Development, Yanfeng

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