Volvo Cars expands global manufacturing footprint with first U.S.A factory
22 Jun 2018|1,410 views
Volvo Cars has inaugurated its first U.S.A manufacturing plant in Charleston, South Carolina, establishing the company as a truly global car manufacturer with plants in all three major sales regions. The establishment of a state-of-the-art production facility in South Carolina follows Volvo Cars' global manufacturing strategy.
The company's first U.S.A facility complements its two manufacturing plants and an engine plant in Europe, three car factories and an engine plant in China, and assembly plants in India and Malaysia.
The Charleston plant starts production of the new Volvo S60 in the autumn of 2018. From 2021, the factory will also build the next generation of the Volvo XC90. Cars built at the plant are destined both for the domestic U.S.A market and international export.
"The Charleston plant establishes the U.S.A as our third home market," said Hakan Samuelsson, President and Chief Executive of Volvo Cars. "The saloon segment and the SPA platform's proven ability to boost profitability offer significant growth opportunities for Volvo Cars in the U.S.A and globally."
Volvo Cars is investing around $1.49 billion in its U.S.A manufacturing operations and will create around 4,000 new jobs at the Charleston site over the coming years. Approximately 1,500 staff will be employed by the end of this year. The new Charleston facility includes an office building for up to 300 staff from R&D, purchasing, quality and sales. The plant can produce 150,000 cars per year at full capacity. The site occupies 1,600 acres and the building space covers 2.3 million square feet.
"The opening of our first American factory is a very big deal," said Anders Gustafsson, President and CEO of Volvo Car U.S.A. "Our U.S.A 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."
Volvo Cars has inaugurated its first U.S.A manufacturing plant in Charleston, South Carolina, establishing the company as a truly global car manufacturer with plants in all three major sales regions. The establishment of a state-of-the-art production facility in South Carolina follows Volvo Cars' global manufacturing strategy.
The company's first U.S.A facility complements its two manufacturing plants and an engine plant in Europe, three car factories and an engine plant in China, and assembly plants in India and Malaysia.
The Charleston plant starts production of the new Volvo S60 in the autumn of 2018. From 2021, the factory will also build the next generation of the Volvo XC90. Cars built at the plant are destined both for the domestic U.S.A market and international export.
"The Charleston plant establishes the U.S.A as our third home market," said Hakan Samuelsson, President and Chief Executive of Volvo Cars. "The saloon segment and the SPA platform's proven ability to boost profitability offer significant growth opportunities for Volvo Cars in the U.S.A and globally."
Volvo Cars is investing around $1.49 billion in its U.S.A manufacturing operations and will create around 4,000 new jobs at the Charleston site over the coming years. Approximately 1,500 staff will be employed by the end of this year. The new Charleston facility includes an office building for up to 300 staff from R&D, purchasing, quality and sales. The plant can produce 150,000 cars per year at full capacity. The site occupies 1,600 acres and the building space covers 2.3 million square feet.
"The opening of our first American factory is a very big deal," said Anders Gustafsson, President and CEO of Volvo Car U.S.A. "Our U.S.A 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."
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