Volvo Cars plans to create an additional 1,900 jobs and invest another $500 million in Berkeley County — doubling its initial investment a year ahead of producing its first car in South Carolina, the company confirmed today.
This announcement expands the company’s 2015 plans to create 2,000 jobs initially and invest $500 million to produce S60 sedans from its 1,600-acre U.S. automotive campus under construction near Ridgeville.
Volvo plans to hold a news conference Monday with more details about the expansion, company spokeswoman Stephanie Mangini said in an email.
Katarina Fjording, purchasing and manufacturing vice president for Volvo Car U.S. Operations, has said she expects the first vehicle body to be completed by the end of this year. Full vehicle production will begin in 2018.