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Fwd: Report: Audi Eyes Southern Plant
Hi guys,
I thought you might be interested......
<< NEW YORK (AP) - Audi may join the car caravan to the South,
preparing to spend $780 million on a new production plant, The Wall
Street Journal reported today.
The luxury unit of Volkswagen will create 2,500 jobs with the
project and has narrowed its search to Alabama, Georgia, North
Carolina, South Carolina and Virginia, the Journal reported, citing
sources close to the situation.
An Audi spokesman said the company is studying the United States
and other countries for sites, but no factory would be built before
the year 2000.
If one is built in the Southeast, Audi would join a growing
group of automakers creating a new network of plants there.
The region is appealing because it offers cheap labor, a mostly
union-free work force and big tax incentives for those setting up
shop. General Motors and Ford have long had a presence in the
region. Toyota and Nissan built plants there in the 1980s.
Volkswagen will follow fellow German companies BMW and
Mercedes-Benz, which recently established operations in South
Carolina and Alabama. >>
Dorab (nivi@aol.com)
1993 S4
1990 CQ
1986 Caprice
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Forwarded message:
From: AOLNewsProfiles@aol.net
Date: 97-03-13 06:29:19 EST
<HTML><PRE><I>.c The Associated Press</I></PRE></HTML>
NEW YORK (AP) - Audi may join the car caravan to the South,
preparing to spend $780 million on a new production plant, The Wall
Street Journal reported today.
The luxury unit of Volkswagen will create 2,500 jobs with the
project and has narrowed its search to Alabama, Georgia, North
Carolina, South Carolina and Virginia, the Journal reported, citing
sources close to the situation.
An Audi spokesman said the company is studying the United States
and other countries for sites, but no factory would be built before
the year 2000.
If one is built in the Southeast, Audi would join a growing
group of automakers creating a new network of plants there.
The region is appealing because it offers cheap labor, a mostly
union-free work force and big tax incentives for those setting up
shop. General Motors and Ford have long had a presence in the
region. Toyota and Nissan built plants there in the 1980s.
Volkswagen will follow fellow German companies BMW and
Mercedes-Benz, which recently established operations in South
Carolina and Alabama.
AP-NY-03-13-97 0626EST
<HTML><PRE><I><FONT COLOR="#000000 SIZE=2>Copyright 1997 The Associated
Press. The information
contained in the AP news report may not be published,
broadcast, rewritten or otherwise distributed without
prior written authority of The Associated Press.<FONT COLOR="#000000
SIZE=3></I></PRE></HTML>
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