Volvo Cars USA is on track to open its new factory in Ridgeville, South Carolina, in 2018, just three years after the automaker announced it would expand its global production capacity to meet future demand.
Workers broke ground at the new site, which is located about 30 miles from Charleston, in fall 2015, and as of April 2017 have finished building the facilitys shell. Volvo estimates the 2.3-million square-foot plant will produce approximately 60,000 vehicles per year and directly create 2,000 jobs.
Volvo aims to raise annual global sales to 800,000 cars by 2020, which the new Ridgeville plant will help achieve.
This investment shows Volvos commitment to build cars where we sell them and source where we build. The new factory is our first in the US, which is our second largest market globally, Lex Kerssemakers said. South Carolina has been an excellent partner and we look forward to becoming an integral part of the low-country community.
This article is presented by Kundert Volvo in Hasbrouck Heights and Englewood, NJ.