President Donald Trump announced Saturday that German automaker Audi is committing $4.2 billion to build a massive new manufacturing plant in Macon, Georgia, touting the investment as another major victory for American auto manufacturing.
“But today I’m thrilled to announce a massive auto manufacturing investment in the great state of Georgia by a fantastic company,” Trump told supporters at his Georgia rally.
“Audi has just committed to invest $4.2 billion in nearby Macon, Georgia to begin the construction next month on a massive plant that will produce 200,000 cars a year,” the president announced.
“Think of that. Think of that. 200,000 cars a year. That’s incredible,” Trump added.
Trump claimed the project would mark a historic milestone for the domestic auto industry.
“This will be the single largest investment in U.S. auto industry history, modern history,” he said.
The president also touted broader investments in American auto manufacturing, saying the industry was experiencing a resurgence.
“58% of our auto business was gone. It’s all coming back. And then some $40 billion and 30,000 new jobs,” Trump said.
Trump credited Commerce Secretary Howard Lutnick with helping secure the deal and invited Audi executives to join him onstage, including Audi CEO Gernot Döllner and Audi North America President Vito Paladino.