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A UT research study shows Volkswagen’s assembly plant in Chattanooga is responsible for more than $643 million in annual income. The facility has created 12,400 fulltime jobs, including suppliers and associated businesses, and is pumping $53.5 million of tax dollars into state and local government coffers, according to the study conducted by the Center for Business and Economic Research.

State and national media outlets featured the story. They include:

Daily Journal: UT Study Shows Tenn. VW Plant Responsible for More than $643M in Annual Income

International Business Times: Volkswagen Tennessee Plant Tops Production Estimate with More Than 100,000 Passats, Higher Than Expected Employment

Tennessean: UT Study: Volkswagen Adds $643 Million to State’s Economy

Washington Examiner: UT Study Shows Economic Impact of VW Plant

WRCB-Chattanooga: UT Study Shows Economic Impact of VW Plant