September 25, 2015 - Volvo Car USA LLC's President and CEO Lex Kerssemakers, South Carolina Governor Nikki Haley and other key public officials officially broke ground on Volvo Cars’ first American factory in Berkeley County, South Carolina. Construction has now begun on the factory site, which will be capable of producing up to 100,000 cars per year.
“Today’s groundbreaking proves that Volvo Car USA follows promises with action,” said Lex Kerssemakers, “Volvo is moving quickly to expand its presence in the United States with new cars, new engines and now, a new factory.”
Volvo Car USA 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.
At Volvo, everything we do starts with people. So our mission to make people’s lives easier, safer and better is something that comes naturally to us. It’s the Volvo way.
Today, we’re still as focused as ever on our three core values: safety, quality and care for the environment.
Protecting what’s important. Making people feel special. And taking pride in helping the world become a better place for all.
At Volvo Cars, our investment is a measure of our commitment to the state of South Carolina. Our strong commitment to the communities in South Carolina will bring quality jobs, revenue generation, and investment to the state and will help lay the foundation for an even brighter future.