Volvo, the leading firm in Car manufacturing industries has now decided to
launch its factory for the first time in USA. According to the report, the
sites will be in Georgia and South Carolina. It is expected to be launched in
the late weeks of April but it is not sure about the time of launch.
According to South Carolina newspaper reports, the state has
proposed a site north of Charleston. But there is also a statement from Atlanta
Journal Constitution that Volvo is looking at a coastal site near the port of
Savannah, Ga. There is no comment on the proposals by the economic development
officials in both states and say whether Volvo has informed them about a
decision. Construction of the $500 million plant might start in September depending
on Volvo’s new flexible platform.
Lars Wrebo, Volvo’s
head of manufacturing and purchasing, previously said the targeted annual
capacity is 100,000 to 120,000 units.
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