Volvo to Build 500 Million Plant in South Carolina
Volvo Cars announced it will open a $500 million plant in Berkeley County near Charleston, its first U.S. facility, with initial annual output around 100,000 vehicles and up to 4,000 jobs eventually. The site will join BMW and Daimler Sprinter plants as South Carolina expands auto manufacturing. Governor Haley highlighted trained workers and port access as key factors, with production setup planned for 2018 and a state-backed 150 million loan for site and interchange development.
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