Volkswagen’s Chattanooga plant has picked Georgia’s Port of Savannah to receive auto parts in containers for the automaker’s new plant.
“We see the Port of Savannah as a logistical link for our supply chain to provide efficient service that will benefit our Chattanooga factory,” said Laszlo Juhasz, general manager of logistics for VW in Chattanooga.
The Port of Savannah is strategically located to efficiently handle cargo for the Chattanooga metro area, officials said.
Ponzi schemer’s house to be sold
GATLINBURG, Tenn. – The Gatlinburg mansion of convicted Ponzi schemer Dennis Bolze, complete with basement vault, is going on the auction block.
To prepare for the sale today, the public has been allowed to tour the 14,000-square-foot house with magnificent mountain views.
The tour is ostensibly for potential buyers, but Furrow Auction Co. staff told The Mountain Press there were a number of sightseers as well.
Bolze was sentenced last year to more than 27 years in prison stealing $21 million from investors.
The home has been vacant since Regions Bank foreclosed on it two years ago.
Bolze’s victims had argued in court that proceeds from the sale should be split evenly among those he owed money to.
Regions finally won the right to use the proceeds to settle outstanding liens.