Volkswagen has called a press conference at its Chattanooga plant on Monday to announce "a new project."
Governor Bill Haslam is among those set to attend.
Also taking part will be Antonio Pinto, president and CEO of the Volkswagen Chattanooga plant, and Hinrich J. Woebcken, president and CEO of Volkswagen group of America.
The announcement will be at 2:30 p.m. at the plant conference center.