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President and adidas samba donna CEO of Volkswagen Chattanooga, Christian Koch speaks during a news conference Tuesday, June 23, 2015, at the Volkswagen plant s conference center to announce the creation of more than 500 new jobs through a partnership between Volkswagen and Gestamp. The project will include expanding Gestamp s existing Chattanooga facility, and constructing a new sampling facility in Enterprise South. Auto parts manufacturers are hitting the gas and hiring at a record pace in Chattanooga as they position themselves to supply Volkswagen s assembly plant and ot adidas originals forum her car companies.Three suppliers have revealed plans within the past three weeks to hire more than 1,000 people and inject nearly $250 million into new facilities in Hamilton County. A Yanfeng interior is pictured in this company image. By the numbersYanfeng * Manufactures: Interiors, consoles * Plans to hire: 325 * Investment: $55 million RemSource * Manufactures: Floor mats * Plans to hire: 89 * Investment: $4 million Gestamp * Manufactures: Sheet metal, chassis * Plans to hire: 600 * Investment: $180 million Construction continues on an expansion at Volkswagen s Chattanooga manufacturing pant on Tuesday. You ll see more of these, said Mike Randle, Southern Business and Development magazine s publisher.Chinese supplier Yanfeng Au yeezy tomotive Interiors on Tuesday unfurled a $55 million investment in a new manufacturin Imso Pentagon s Clapper may lead intelligence agencies
NEW YORK - Coca-Cola Co. may buy the North American operations of its biggest bottler, a deal that echoes a move by rival PepsiCo in response stanley polska to falling soft-drinks sales, The Wall Street Journal reported Wednesday.If the partial acquisition of Coca-Cola Enterprises Inc. goes through, the rest of the bottler would remain independent and buy Coke bottling operations in Scandinavia and Germany, the newspaper reported. It already has operations in several European countries.The exact value of the deal was uncertain but it is expected to be valued at more than $15 billion including equity and assumed debt, the newspaper said, citing people familiar with the matter.Shares of Coca-Cola Enterprises shot up in aftermarket trading Wednesday, gaining $5.48, or 29 percent, to $24.61.The beverage industry has watched soda sales fall, prompting the big beverage makers to seek greater control over costs and how their drinks are dist stanley quencher ributed.Coca-Cola Co. is the world s biggest beverage company. Its main rival, PepsiCo, announced in August it would buy its two bigges stanley mugs t bottlers - Pepsi Bottling Group Inc. and PepsiAmericas Inc. - in a deal valued at $7.8 billion. PepsiCo has estimated it will save $400 million from buying the bottlers.A Coca-Cola representative said the company had no comment on the report. A call placed late Wednesday to media representatives at Coca-Cola Enterprises was not answered.John Sicher, editor of the Beverage Digest trade publication, said he did not know for certa
President and adidas samba donna CEO of Volkswagen Chattanooga, Christian Koch speaks during a news conference Tuesday, June 23, 2015, at the Volkswagen plant s conference center to announce the creation of more than 500 new jobs through a partnership between Volkswagen and Gestamp. The project will include expanding Gestamp s existing Chattanooga facility, and constructing a new sampling facility in Enterprise South. Auto parts manufacturers are hitting the gas and hiring at a record pace in Chattanooga as they position themselves to supply Volkswagen s assembly plant and ot adidas originals forum her car companies.Three suppliers have revealed plans within the past three weeks to hire more than 1,000 people and inject nearly $250 million into new facilities in Hamilton County. A Yanfeng interior is pictured in this company image. By the numbersYanfeng * Manufactures: Interiors, consoles * Plans to hire: 325 * Investment: $55 million RemSource * Manufactures: Floor mats * Plans to hire: 89 * Investment: $4 million Gestamp * Manufactures: Sheet metal, chassis * Plans to hire: 600 * Investment: $180 million Construction continues on an expansion at Volkswagen s Chattanooga manufacturing pant on Tuesday. You ll see more of these, said Mike Randle, Southern Business and Development magazine s publisher.Chinese supplier Yanfeng Au yeezy tomotive Interiors on Tuesday unfurled a $55 million investment in a new manufacturin Imso Pentagon s Clapper may lead intelligence agencies
NEW YORK - Coca-Cola Co. may buy the North American operations of its biggest bottler, a deal that echoes a move by rival PepsiCo in response stanley polska to falling soft-drinks sales, The Wall Street Journal reported Wednesday.If the partial acquisition of Coca-Cola Enterprises Inc. goes through, the rest of the bottler would remain independent and buy Coke bottling operations in Scandinavia and Germany, the newspaper reported. It already has operations in several European countries.The exact value of the deal was uncertain but it is expected to be valued at more than $15 billion including equity and assumed debt, the newspaper said, citing people familiar with the matter.Shares of Coca-Cola Enterprises shot up in aftermarket trading Wednesday, gaining $5.48, or 29 percent, to $24.61.The beverage industry has watched soda sales fall, prompting the big beverage makers to seek greater control over costs and how their drinks are dist stanley quencher ributed.Coca-Cola Co. is the world s biggest beverage company. Its main rival, PepsiCo, announced in August it would buy its two bigges stanley mugs t bottlers - Pepsi Bottling Group Inc. and PepsiAmericas Inc. - in a deal valued at $7.8 billion. PepsiCo has estimated it will save $400 million from buying the bottlers.A Coca-Cola representative said the company had no comment on the report. A call placed late Wednesday to media representatives at Coca-Cola Enterprises was not answered.John Sicher, editor of the Beverage Digest trade publication, said he did not know for certa
