It’s official: Volvo has chosen South Carolina as the home of its first factory in the United States.
The factory will built north of Charleston in Berkeley County, with construction set to begin this fall. Production is expected to begin in 2018, and up to 100,000 units per year are projected to leave South Carolina once operations commence.
Volvo chose Berkeley County due to ease of international-port access, well-trained labor, experience in high-tech manufacturing, and an environment conducive toward investment. The new location will employ up to 2,000 within the next 10 years, and 4,000 over the long term. The first 2,000 factory jobs are also forecasted to bring up to 8,000 total new jobs, with the plant itself generating $4.8 billion to the economy annually in exchange for a $500-million investment by the automaker.
As for what will be built in Volvo’s new plant, speculation points to the S60, XC60 and XC90, the first two the automaker’s most popular models in the U.S. No official word was given at this time.
[Photo credit: Volvo]
The post Volvo Selects South Carolina For First-Ever US Factory appeared first on The Truth About Cars.
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