Volvo expanding South Carolina plant, adding XC90 SUV production

Volvo expanding South Carolina plant, adding XC90 SUV production

A year before plant completion, Volvo announces plans to double investment, jobs.

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Rockleigh, New Jersey – Volvo hasn’t even finished building its first U.S. plant, and the company is already expanding it.

Volvo cars plans to add the next generation of the XC90 SUV to its Berkeley County, South Carolina, plant, nearly doubling expected employment there to 3,900 jobs. Volvo officials in 2015 announced plans to create a 2,000-job plant in South Carolina to build S60 sedans.

Expected investment in the plant more than doubled to $1.1 billion from the initial $500 million spending plan.

Production of the S60 is set to begin late next year with the XC90 following in 2021.

“The continued expansion of our plant in South Carolina is another significant commitment to the US market,” says Håkan Samuelsson, president and CEO. “The plant in Charleston will serve both the U.S. and international markets and forms a strong foundation for our future growth in the U.S. and globally.”

The U.S. is the largest single market for the XC90, although a considerable amount of XC90 volume will be exported from the Port of Charleston. Total U.S. production capacity at the plant will rise to 150,000 vehicles annually.

In addition to expanding the manufacturing plant Volvo Cars will further develop its neighboring office campus at the Charleston site. A new office building will be constructed to house up to 300 staff from R&D, purchasing, quality, as well as Volvo’s Southern regional sales team.

Volvo cars is owned by China’s Zhejiang Geely Holding Group.