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November 10, 2008

On Friday evening November 7, 2008, Southern Business & Development's editor and publisher Mike Randle was a guest on a live CNBC report titled "Auto Industry Civil War." To view the CNBC report, click here.

October 31, 2008 

Editorial - Automotive Activity in the South Remains Strong

Ford May Boost Investments at Louisville, Ky. Plants

LSP Automotive Announces Expansion in South Carolina

Toyota Tier I Supplier Breaks Drought in Mississippi

September Mass Layoffs Top 2,000

Most Mass Layoffs Have Come From Just Six States

German Automakers Cry Foul Over U.S. Bailout Bill

BMW Laying Off Temporary Workers in S.C.

Parts Maker Settles in North Carolina

First Major Auto Assembly Equipment for Kia Arrives in Georgia

Nissan Cutting Production in the South

No Automaker is Immune to Slumping Sales

Pirelli Tire Expanding Georgia Plant

Palmetto Synthetics Announces S.C. Expansion

Lear Expanding in South Carolina

SEM Locating its Headquarters in York County, S.C.

Japanese Supplier Picks Kentucky

NPR Celebrates Kentucky Grand Opening

American Howa Kentucky Announces Expansion

German Automotive Supplier Opening Plant in Virginia

Navistar Announces Second Engine Plant in Huntsville

Gate Factory in Arkansas Announces Layoffs

Triangle Suspension Opening New Plant in North Carolina

BFGoodrich Expanding Alabama Operations

Visteon Creating New Jobs in Alabama

Honda's Alabama Plant to Produce Cars for First Time

Panasonic Closing Georgia Car Stereo Plant

Exide Creating 60 New Engineering Jobs in Georgia

Automobile Shredding Operation Expands in Arkansas

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 Featured Southern Automotive Site

Tishomingo County, Miss.: Where it All Comes Together


 

The Southeast is becoming America’s hotbed for auto manufacturing. More and more companies are recognizing the inherent wealth of benefits this region provides – infrastructure, skilled and motivated workers and great quality of life.

Located 90 minutes from Memphis and 75 minutes from Huntsville, Tishomingo County, Miss. provides easy access to the entire eastern U.S. That’s one of the major reasons why companies like Saturn, Nissan, Toyota, Mercedes and Nucor have located facilities within a short distance.

Getting there

Tishomingo County companies get their products to the most populous markets on the East Coast and in the Midwest through a variety of transportation options. Four-lane connections to Interstates 55, 22 and 65 and U.S. 45 help local companies like Caterpillar, Nucor and Clorox stay connected.

Port facilities with crane capacity of up to 300 tons are available along the intersection of the Tennessee River and the Tennessee-Tombigbee Waterway. Yellow Creek Port, a full-service port facility, is the water, rail and highway shipping and receiving point for steel for a three state area.

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 Featured Service Provider

Chattanooga Developer Offers Turnkey Buy-Leaseback Program for Volkswagen Suppliers

With Volkswagen building a $1 billion plant in Chattanooga, Tenn., scores of automobile suppliers won’t be too far behind.

The opportunity is immense. Volkswagen’s production facility in Chattanooga will produce a car designed specifically for the North American consumer. By 2018, VW predicts it will be selling 800,000 vehicles in the U.S. to become the largest European carmaker in the nation. Production is scheduled to begin in early 2011.

Wolftever Development, a subsidiary of a 36-year-old construction company founded in Chattanooga that specializes in industrial development, is offering turnkey project development services that give automobile suppliers a manufacturing head start.

“We handle the entire scope of the project, from finding the property to designing the buildings to construction to managing the property afterward,” says Matt Wood, co-owner and chief financial officer at Wolftever Development. “That leaves suppliers more time to prepare the logistics of their operations for VW.”

It all begins with site selection. Wolftever is familiar with the Chattanooga area because the company’s principals have more than 40 years of real estate experience in the 150-mile radius around the new Volkswagen plant site in the growing southern city.

VW is locating its facility in the Enterprise South Industrial park, just 12 miles northeast of Downtown Chattanooga. Enterprise South is adjacent to Interstate 75. Initial production capacity for the facility is anticipated to be 150,000 vehicles, including a new midsize sedan designed specifically for the North American market.

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