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Tuesday, April 23, 2024

Gestamp Expansion

Credit: WDEF CBS Chattanooga, TN
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Gestamp Expansion
Gestamp Expansion
Gestamp is expanding to provide parts for the Volkswagen plant.

Saturday as well.

Gestamp is expanding for the third time in the last ten years in chattanooga.

News 12's brian armstrong finds out how this expansion will help not only the job market in hamilton county, but also the environment.

A lot of people who are frankly trying to find full-time work and so i think the timing for this couldn't be better.

Gestamp will be investing nearly 95 million dollars into chattanooga and with that creating 260 news jobs.

Gestamp has been in chattanooga for about 10 years now and we've grown from our initial first hiring of 200 employees to 1200 in please and this latest expansion will increase our jobs by about 1/3.

We continue be excited about what gestamp has done the community they have three facilities here they employ over thousand people and they've really partnered as well with our local school systems. gestamp says this expansion will help create an advancement of car equipment for volkswagen .

So we have had some great opportunities with our customers in the southern us region as volkswagen is launching their electric vehicle with our new hot stamping technology we are built to be able to produce automotive components that are lighter and safer than previous versions of the components.

Wood says an investment like this goes beyond the 260 jobs created and the 95 million being invested into the area ... it's also an investment into the area.

Voltswagon's electrification project for chattanooga has special meaning if you think about the legacy of chattanooga working to clean up her air pollution back in the last century and the outdoors.

Brian

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