Chattanooga Market at a Glance…
Metropolitan Population: Over 500,000
MSA Average Household Income: $55,500
Over 12 million people live within 150 miles of Chattanooga.
Chattanooga’s long manufacturing history continues with major existing, expanding and new manufacturing operations. Alstom Power recently announced a new $280 million plant addition to manufacture power generation equipment, and food and beverage makers like McKee (Little Debbie) and Wrigley have recently completed major expansions.
In July 2008, Volkswagen chose Chattanooga for its only North American assembly facility. Construction is underway with production slated for early 2011 with the capacity to build 150,000 vehicles. The $1 billion facility will create over 2,000 direct jobs to the Chattanooga area.
In addition, the University of Tennessee at Chattanooga SimCenter, a nationally recognized academic research center of excellence, is bringing new jobs and recognition to the city. As a whole, the city is a stable and profitable business location with a bright economic future.
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