Company/Division name | Volvo |
Parent company | Volvo |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 777 |
Year reshoring announced: | 2019 |
Year reshoring implemented or to be implemented: | 2025 |
Capital investment ($): | 400 |
Country(ies) from which reshored: | Sweden |
City reshored to: | Dublin |
State(s) reshored to: | VA |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | volvo trucks |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Infrastructure, Lower real-estate/construction cost, Skilled workforce availability/training, Under-utilized capacity |
Government Incentive dollar amount: | 16.5 |