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• U.S. subsidiaries in Tennessee play a vital role in supporting jobs. They now employ 140,300 Tennesseans -- an increase of 4.5% over five years.
• Tennessee has proven to be an attractive location for international employers, ranking 15th in the country in the number of employees supported by U.S. subsidiaries
• In fact, the relative portion of jobs in the state supplied by U.S. subsidiaries remains significant. They provide the livelihood for nearly 6% of Tennessee’s private-sector workforce.

• U.S. subsidiaries support 71,700 manufacturing jobs in Tennessee. Manufacturing companies tend to have a strong “multiplier” effect on the economy—stimulating a substantial amount of activity and jobs in other sectors through their demand for inputs from other suppliers.
• Almost 18 % of manufacturing jobs in Tennessee are supported by U.S. subsidiaries.
• U.S. subsidiaries’ employment in Tennessee is heavily concentrated in manufacturing. More than 50% of these jobs are in manufacturing industries.

• U.S. subsidiaries consistently support millions of American jobs. They now employ 5.3 million Americans-or 4.5% of private sector employment.
• U.S. subsidiaries support an annual payroll of $364.2billion.
• U.S. subsidiaries provide an average compensation per U.S. worker of $68,317; this is 32% higher than compensation at all U.S. companies.
• U.S. subsidiaries also spent $160 billion on plant construction and new equipment.
• U.S. subsidiaries' share of U.S. manufacturing employment represents almost 11% of American manufacturing jobs.

In August of 2008, Volkswagen of American, Inc. a U.S. subsidiary of Volkswagen AG based in Germany, announced that it has selected Chattanooga to build a new production facility. The $1 billion facility is expected to create more than 2,000 jobs immediately and will create another 9,477 related jobs within the state. Production at the plant will begin as soon as 2011 and is slated to produce more than 150,000 vehicles.