Spain's Gestamp to open U.S. facility to supply Volkswagen: source

Spanish automotive supplier Gestamp is planning to open a new pressing facility to supply Volkswagen's (VOWG_p.DE) production in Chattanooga, Tennessee, a source familiar with the matter told Reuters. Volkswagen declined to comment, only referring to an invitation to a press conference in Chattanooga on June 23 to announce what it described as a "major economic development". Gestamp was not immediately available for comment.

Spain's Gestamp to open U.S. facility to supply Volkswagen: source source: http://finance.yahoo.com/news/spains-gestamp-open-u-facility-125045535.html