Volvo has inaugurated their first manufacturing plant in the United States, a new state-of-the-art production facility in Charleston, South Carolina. The plant is central for Volvo’s “Build Where You Sell” strategy, establishing a manufacturing presence in all three of the company’s major sales regions. Volvo says the new South Carolina facility nicely compliments the company’s three European plants – two manufacturing, one engine – plus three factories and an engine plant in China, and assembly plants in India and Malaysia.
?The opening of our first American factory is a very big deal,? said Anders Gustafsson, President and CEO, Volvo Car USA. ?Our U.S. business is developing well, our cars have won prestigious awards, and the new South Carolina facility will be a big asset to both Volvo Cars and the community.? Home Team
Volvo Cars is investing over a billion dollars in the South Carolina plant to create 4,000 new jobs during the coming years. The site includes an office building for up to 300 staff from R&D, purchasing, quality, and sales. Approximately 1,500 will be employed by the end of this year, just as production of the new S60 is beginning. The plant can produce 150,000 cars per year at full capacity.
?The Charleston plant establishes the U.S. as our third home market,? said Håkan Samuelsson, President and Chief Executive, Volvo Cars. ?The sedan segment and the SPA platform?s proven ability to boost profitability ...