Richard's Real Estate Thoughts - Chattanooga TN Mortgage Lender: April 2009

VW Group of America President's Keynote Speech at Chattanooga Spirit of Innovation luncheon

Volkwagen Group of America President Stefan Jacoby gave a powerful and upbeat keynote speech at today's Spirit of Innovation Awards luncheon. His talk caught the spirit of the event, complimentingStefan Jacoby, VW Group of America President, speaks at Spirit of Innovation awards ceremony Chattanooga's vision and commitment to creative thinking, risk taking, and fresh ideas.

The two award winners were DJO Chattanooga who received the Kruesi Award and Adaptive Methods received the Early Innovator Award. The webcast production linked below includes some excellent and informative video about all the award nominees.

Mr. Jacoby said this spirit of these unique awards ties in well with the corporate culture at Volkswagen and was one of the reasons that Chattanooga was selected for its new US automotive manufacturing plant.

He said the decision to select Chattanooga was made "by the head and also by the heart. Chattanooga met all the specifications for the plant site, but also just felt right for Volkswagen." 

He specifically associated the idea of the Spirit of Innovation event and the Kruesi award as matching the spirit of Volkswagen.

He spoke about the commitment to education, cooperation between educators, government, and industry - a true strength of Chattanooga.

He called Chattanooga a big part of the Volkswagen plan to grow to a market share of 1 million cars. He said that VW is making a $1 billion investment towards that goal and towards the future of the company, the community, and the country.

He did discuss current market conditions, but said VW is in a position to take advantage of the opportunity that is inherent in today's economy.

He spoke of Volkswagen's commitment to research and development. Chattanooga's prototype automobile is in development right now. VW is engineering for a new automobile.

He did indicate that recent reports of expanding the plant to 300,000 cars are a part of the strategic planning, but initially the production goal remains 150,000.

It was an exciting event speech, made even better by the first webcast presentation of the event. Congratulations to the award winners and to the award nominees.

Kris Simmons of Fire Eye Productions, Inc., an award winning, Chattanooga based video production company, produced the webcast, and graciously gave permission to post a link to the webcast. You can find out more about Fire Eye Productions at their website, www.fireeyemedia.com .


Thank you for visiting. This is the professional blog for

Richard Smith
NMLS# 184479 TN# 104002 GA# 28928 

Conventional, FHA, FHA 203k, HUD $100 down purchases, VA,

Rural Development ( USDA), and Jumbo Loans


Lending in Chattanooga, Tennessee and Georgia for over 20 years.

Sierra Pacific Mortgage

Cell phone: 423-280-0345 Email: Richard.Smith@SPM1.com

Visit my website to inquiry about a home loan.

Read my most recent articles in Scotsman Guide.

This blog represents the opinions of Richard Smith. The posts and comments written on the blog do not represent the opinions or positions of Sierra Pacific Mortgage. 

Comment balloon 2 commentsRichard Smith • April 29 2009 09:31PM
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