- Posted By #Crescent Homeson June 26, 2015 in
The announcement comes shortly after the European automobile company made the decision to construct its first North American factory in Berkeley County due to its “easy access to international ports and infrastructure, a well-trained labor force, attractive investment environment and experience in the high tech manufacturing sector”, a press release stated.
Undoubtedly poised to boost the Charleston job market, the addition of the facility is slated to initially employ 2,000 people, with an estimated 4,000+ expected to be added to the roster in the long term.
Volvo has been importing their cars to the United States since 1955. With the construction of this North American facility, the company hopes to invest more resources into domestic production as time goes on.
For more information about the new facility and how it could affect the Charleston real estate and job markets, visit Volvo’s newsroom page.