Business Facilities - September 2008 - (Page 6)

FIRST WORD group media building inspiration. ™ Published by Group C Media, Inc. Motown South 44 APPLE STREET, SUITE 3 • TINTON FALLS, NEW JERSEY 07724 (732) 842-7433 • (800) 524-0337 • FAX (732) 758-6634 VOLUME 41 NUMBER 7 www.BusinessFacilities.com U ntil a few weeks ago, if you had asked us what comes to mind when we think about Tennessee, the answer probably would have been Elvis, sour mash whiskey and great barbeque. Automotive manufacturing just wasn’t high on the list. That all changed with the stunning announcement that Chattanooga has won the big prize from Volkswagon. The German auto giant, which closed its last U.S. car plant in 1988, is going to build a new facility in Tennessee that is expected to pump more than $1 billion into the local economy. As we report in this month’s issue, the new VW plant will be built on a 1,350-acre site 12 miles northeast of downtown Chattanooga. It is expected to have an initial production capacity of 150,000 vehicles, including a new midsize sedan that Volkswagon is designing for the North American market. The plant, which is slated to open in 2011, will directly create 2,000 new jobs. In the fierce competition for the Volkswagon facility, Tennessee topped aggressive bids from Alabama and the traditional automotive powerhouse, Michigan. According to Tennessee Gov. Phil Bredesen, his state prevailed because of “shared values, [Tennessee’s] commitment to innovation, and [its] strong respect for the environment.” Creative application of incentives also sealed the deal. Bredesen’s confident prediction that the VW plant will positively impact the economy of Tennessee for decades to come is being echoed by industry analysts, who say the state may soon be able to call itself the nation’s number one auto producer. The famous Chattanooga choochoo may have gone down the tracks years ago, but the manufacturing future has just been turbocharged in Tennessee. EXECUTIVE PUBLISHER TED COENE tcoene@groupc.com EDITOR IN CHIEF JACK ROGERS jrogers@groupc.com SENIOR EDITOR BILL TRÜB btrub@groupc.com EDITORIAL ADVISORY BOARD PHILIP W. ANDERSON, PHD, PRESIDENT AND CEO, P.W. ANDERSON & PARTNERS, INC.; DEL BIRCH, VICE PRESIDENT, ExecutivePulse, INC.; JAN DICKINSON, PRESIDENT AND CEO, THE DICKINSON CONSULTING GROUP; MICHAEL P. HICKEY, PRESIDENT, HICKEY & ASSOCIATES; FRANK MANCINI, JR., MANAGING MEMBER, HARBORAGE, LLC; STUART MACKAY, PRESIDENT, MMK CONSULTING; DON SCHJELDAHL, DIRECTOR OF THE FACILITIES LOCATION GROUP, THE AUSTIN CO.; FREDERICK METZ SHEPPARD, MANAGING DIRECTOR, QUADRAL GROUP; FRANK J. SHERWOOD, VICE PRESIDENT, JONES LANG LASALLE AMERICAS, INC., HOWARD R. SILVERMAN, PRESIDENT & CEO, THE CAI GLOBAL GROUP INC.; MARK SWEENEY, SENIOR PRINCIPAL, MCCALLUM SWEENEY CONSULTING; JERRY SZATAN, PRINCIPAL, SZATAN & ASSOCIATES PRODUCTION MANAGER LUANN RATHEMACHER luann@groupc.com GROUP CREATIVE DIRECTOR JEFFREY CLAPP clapp@groupc.com SENIOR DESIGNER MEGAN KNIGHT mknight@groupc.com SENIOR WEB DESIGNER GLADYS ROLDAN groldan@groupc.com ADVERTISING NATIONAL SALES MANAGER: U.S. AND EUROPE JIM SEMPLE jsemple@groupc.com SR. ACCOUNT EXECUTIVE: U.S. AND CARIBBEAN BEN NACHSIN bnachsin@groupc.com SR. ACCOUNT EXECUTIVE: REAL ESTATE AND BUSINESS SERVICES, WEST COAST, MEXICO, CANADA, ASIA/PACIFIC, SOUTH/CENTRAL AMERICA DAVE GOLDSTEIN dgoldstein@groupc.com WEBMASTER PETER MCCABE pmccabe@groupc.com AD TRAFFICKING MANAGER JUDY NOWELL jnowell@groupc.com VP MARKETING AND ONLINE PUBLISHER BILL MACRAE bmacrae@groupc.com MARKETING DIRECTOR MARY ELLEN MCCANDLESS maryellen@groupc.com CIRCULATION MANAGER/SALES ASSISTANT CATHY ASTE caste@groupc.com GROUP C MEDIA, INC. EDGAR T. COENE . . . . . . SUSAN COENE. . . . . . . . TED COENE . . . . . . . . . . LYLE CONNOR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . CHAIRMAN OF THE BOARD CO-PRESIDENT CO-PRESIDENT COMPTROLLER BUSINESS FACILITIES IS A PUBLICATION OF GROUP C MEDIA, INC. ©COPYRIGHT 2008 BY GROUP C MEDIA; ALL RIGHTS RESERVED. PROUD MEMBERS OF: Jack Rogers jrogers@groupc.com 6 SEPTEMBER 2008 http://www.BusinessFacilities.com http://www.BusinessFacilities.com

Table of Contents Feed for the Digital Edition of Business Facilities - September 2008

Business Facilities- September 2008 Contents First Word Snapshots Corporate Moves:�Mississippi Editor's Location Picks 2008 The Palmetto State Reaches Across the Sea Corporate Moves:�Tennessee Metro Spotlight:�Spokane, WA Biotech: Building Block for Development Wind Power Lifts Iowa Germany:�Europe's Economic Juggernaut California Here We Come Up, Up and Away in North Carolina Corporate Moves:�West Virginia Metro Spotlight:�Decatur/Greensburg, IN Advertiser Index Ask the Expert

Business Facilities - September 2008

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