Company/Division name | Volvo Car US Operations |
Parent company | The Volvo Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2020 |
Year reshoring implemented or to be implemented: | 2022 |
Capital investment ($): | 600 |
Country(ies) from which reshored: | Sweden |
City reshored to: | Ridgeville |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Electrical Equipment, Appliances & Components |
Product(s) reshored | batteries for electric vehicles |
What domestic positive factors made reshoring more attractive? | Proximity to customers/market, Other, expansion |