Volkswagen of America is leaving Auburn Hills, MI for Herndon, VA, The Washington Post
reports. The automaker is expected to announce today that it will be moving its North American headquarters to a new office complex in Woodland Park near Washington Dulles International Airport bringing 400 jobs and a $100 million investment into its new operations with it. According to The Post,
the move is part of a corporate restructuring that will eliminate 400 positions, leaving 600 full-time workers and contractors in Auburn Hills.
Stefan Jacoby, Volkswagen of America's new president and CEO, said northern Virginia was an ideal location because of its good schools, skilled workers and proximity to the airport.
"For a young talent, 35 years old, to come here with his family ... is a very important factor," Jacoby told the Post
. "By reducing this organization by 30 percent, you need even more talents, more creative people, more motivated people."