Draexlmaier, a big German auto parts company, is the latest business to set up shop in Volkswagen’s supplier park in Chattanooga.
The company will sequence wire harnesses for installation in the new midsize sedan VW will start producing at its assembly plant early next year, said Erik Reiter, chief executive of Draexlmaier of North America.
He said the company will initially employ up to 25 workers with hopes of doubling that number in four to five years.
The addition of the company to the seven already in the supplier park puts the projected number of jobs there at about 525.
“It’s a new chapter in automotive history,” Reiter said about the VW plant that’s slated to make about 150,000 vehicles annually.