• Sign in to follow this  
    Followers 0

    Volvo Announces South Carolina As Its Home For A New Factory


    • Volvo Heads To South Carolina For Its First North American Plant


    This morning, Volvo announced that it will be building its first pant in North America. Berkeley County, South Carolina has been chosen as the place where the Swedish automaker will invest up to $500 million for a new facility that is expected to go online in 2018. The new plant will employ up 2,000 people when the plant opens and 8,000 people in the longer term.

    Why did Volvo pick South Carolina? The automaker explained that the state offered an existing infrastructure and manufacturing base, along with an easy access to international ports. That last point is key as the plant will be building vehicles for both export and local consumption.

    “We’re excited to build our first American factory in South Carolina and we look forward to helping grow the local community and economy. We were impressed with the friendliness, work ethic and passion of the people in the Charleston area,” said Lex Kerssemakers, President and CEO of Volvo Cars of North America.

    Volvo hasn't said what vehicles will be built at the plant at this time.

    Source: Volvo

    Press Release is on Page 2


    Volvo Cars selects South Carolina for its first American factory

    (ROCKLEIGH, NJ – May 11, 2015) Volvo Cars has chosen Berkeley County, South Carolina as the location of its first American factory, investing up to $500 Million in a facility with a capacity to initially produce up to 100,000 cars per year.

    The Berkeley County factory, located outside of Charleston, will make latest generation Volvo models for sale in the United States and for export. Construction will begin in early autumn 2015, with the first vehicles expected to roll off the assembly line in 2018.

    Once completed, Volvo Cars will be able to manufacture vehicles on three continents, underscoring its position as a truly global car maker. It already operates two plants in Europe and two in China. The new US plant forms part of an ambitious medium term expansion plan to double global sales, boost market share and lift profitability.

    “This new global industrial footprint and a complete product renewal forms the foundation for our growth and profitability targets,” said Håkan Samuelsson, president and chief executive of Volvo Car Corporation.

    Volvo began importing cars to the US in 1955. With the development of an American factory, the company crosses an important threshold from an automotive importer to a domestic manufacturer.

    “We’re excited to build our first American factory in South Carolina and we look forward to helping grow the local community and economy.” said Lex Kerssemakers, President and CEO of Volvo Cars of North America, “We were impressed with the friendliness, work ethic and passion of the people in the Charleston area.”

    The decision to choose Berkeley County was taken as a result of its easy access to international ports and infrastructure, a well-trained labor force, attractive investment environment and experience in the high tech manufacturing sector.

    Volvo Cars estimates that the factory will employ up to 2,000 people over the next decade and up to 4,000 people in the longer term. An economic impact analysis compiled by Dr. Frank Hefner at the College of Charleston estimates that, for an initial 2,000 direct jobs, more than 8,000 total jobs would be created as a result. The plant would contribute approximately $4.8 billion in total economic output on an annual basis.

    “This is a landmark moment and truly a great day in South Carolina as we welcome Volvo Cars’ first American manufacturing plant to our state,” said Nikki Haley, Governor of South Carolina, “Volvo’s presence and commitment to the community will be felt for decades to come. We are proud to have this global leader in car manufacturing join and strengthen South Carolina’s automotive industry.”

    readySC™, a division of the S.C. Technical College System, is assisting with the recruitment and training for positions at the new plant. All information on hiring will be posted as available at the readySC portal, readysc.org/volvo/. Potential suppliers or vendors interested in doing business with the company should contact the South Carolina Department of Commerce’s Buy South Carolina program by emailing volvocarssc@sccommerce.com.

    0


    Sign in to follow this  
    Followers 0


    User Feedback




    Your content will need to be approved by a moderator

    Guest
    You are commenting as a guest. If you have an account, please sign in.
    Add a comment...

    ×   You have pasted content with formatting.   Remove formatting

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor




  • Popular Stories

  • Similar Content

    • By William Maley
      To say we were slightly disappointed to find out that the U.S.-Spec Toyota C-HR would only come with a 2.0L four-cylinder producing 144 horsepower would be an understatement. The European-spec C-HR has the choice of either a turbocharged 1.2L four or a hybrid, but neither of these powertrains will be showing up in the U.S.
      Car and Driver spoke with the C-HR's chief engineer, Hiroyuki Koba to find out why. Koba didn't say why the turbocharged 1.2L would not come to the U.S., but we're guessing Toyota didn't want to put the effort in getting this engine certified for the U.S. Also, performance numbers between the 2.0L and turbo 1.2L are similar (11 seconds for the 2.0 to hit 60 mph, 11.1 seconds for the 1.2).
      As for the hybrid, Koba said the decision comes down to the market, not engineering. At the moment, Toyota doesn't see the demand for this model in the U.S.
      Koba did admit there is a possibility for a more powerful version of the C-HR, but quickly added there aren't plans for this at the moment.
      Source: Car and Driver

      View full article
    • By William Maley
      To say we were slightly disappointed to find out that the U.S.-Spec Toyota C-HR would only come with a 2.0L four-cylinder producing 144 horsepower would be an understatement. The European-spec C-HR has the choice of either a turbocharged 1.2L four or a hybrid, but neither of these powertrains will be showing up in the U.S.
      Car and Driver spoke with the C-HR's chief engineer, Hiroyuki Koba to find out why. Koba didn't say why the turbocharged 1.2L would not come to the U.S., but we're guessing Toyota didn't want to put the effort in getting this engine certified for the U.S. Also, performance numbers between the 2.0L and turbo 1.2L are similar (11 seconds for the 2.0 to hit 60 mph, 11.1 seconds for the 1.2).
      As for the hybrid, Koba said the decision comes down to the market, not engineering. At the moment, Toyota doesn't see the demand for this model in the U.S.
      Koba did admit there is a possibility for a more powerful version of the C-HR, but quickly added there aren't plans for this at the moment.
      Source: Car and Driver
    • By William Maley
      Will Volkswagen make a return with diesels to the U.S. or not? Unfortunately, we're getting mixed messages on this issue.
      Back in July, Volkswagen of America CEO Hinrich Woebcken said diesel would not a core element of the brand going forward. But they could start selling a diesel vehicle in the U.S. again if it makes sense.
      “We are not stopping diesel. Wherever diesel makes sense as a package to the car, we’ll continue. But in reality, we have to accept that the high percentage of diesels that we had before will not come back again,” said Woebcken.
      Last week in an interview with Motor Trend, Woebcken reiterated his earlier statement with the automaker not ruling out diesels in the future. 
      But this week, Volkswagen brand chief Herbert Diess told German business paper Handelsblatt that diesel will not be returning to Volkswagen's U.S. lineup.
      "At the moment we assume that we will offer no new diesel vehicles in the U.S," said Diess. “The reason is the legal framework.”
      Who to believe? We're not sure ourselves. Stay tuned.
      Source: Motor Trend, Handelsblatt, Reuters

      View full article
    • By William Maley
      Will Volkswagen make a return with diesels to the U.S. or not? Unfortunately, we're getting mixed messages on this issue.
      Back in July, Volkswagen of America CEO Hinrich Woebcken said diesel would not a core element of the brand going forward. But they could start selling a diesel vehicle in the U.S. again if it makes sense.
      “We are not stopping diesel. Wherever diesel makes sense as a package to the car, we’ll continue. But in reality, we have to accept that the high percentage of diesels that we had before will not come back again,” said Woebcken.
      Last week in an interview with Motor Trend, Woebcken reiterated his earlier statement with the automaker not ruling out diesels in the future. 
      But this week, Volkswagen brand chief Herbert Diess told German business paper Handelsblatt that diesel will not be returning to Volkswagen's U.S. lineup.
      "At the moment we assume that we will offer no new diesel vehicles in the U.S," said Diess. “The reason is the legal framework.”
      Who to believe? We're not sure ourselves. Stay tuned.
      Source: Motor Trend, Handelsblatt, Reuters
    • By William Maley
      The diesel emission scandal has left Volkswagen at a bit crossroad in a number of areas. One of them deals with their brand identity in the U.S. For a better part of a decade, Volkswagen was known as the brand that sold 'clean diesels'. But the company is working to rebuild and change their identity. Part of that plan is taking diesel and putting it on the backburner.
      Volkswagen Group of America CEO Hinrich Woebcken tells Automotive News that diesel will not be a core element of their identity going forward. That isn't to say diesel will be banished from the brand. Woebcken said the fuel are still in their plans from 2017 to 2019 if they can get regulatory approval. But he did say they are re-evaluating diesel in their future lineup for the U.S.
      “We are not stopping diesel. Wherever diesel makes sense as a package to the car, we’ll continue. But in reality, we have to accept that the high percentage of diesels that we had before will not come back again,” said Woebcken.
      “The regulations from 2019-2020 are going to be so hard that we would have had to find an alternative to a certain extent anyhow. The diesel crisis is forcing us simply to think about this earlier.”
      Volkswagen's image rebuilding process in U.S. will see them at the beginning putting more emphasis on crossovers and all-wheel drive offerings. The first part of this process kicks off with the Golf Alltrack launching later this year. This will be followed by the long-awaited three-row crossover next March or April, and the long-wheelbase version of the Tiguan sometime in the summer.
      In 2020, Volkswagen will launch the first of many electric vehicles using their MEB modular platform in the U.S.
      Source: Automotive News (Subscription Required)

      View full article
  • Recent Status Updates

  • Who's Online (See full list)