| Company/Division name | Volvo Group North America |
| Type of work | Manufacturing |
| Reshoring category: | Foreign Direct Investment |
| Total number of jobs (added or to be added): | 10 |
| Year reshoring announced: | 2021 |
| Year reshoring implemented or to be implemented: | 2023 |
| Capital investment ($): | 33 |
| Country(ies) from which reshored: | China,Sweden |
| City reshored to: | Hagertown |
| State(s) reshored to: | MD |
| If relevant, work nearshored to: | - |
| Industry(ies): | Transportation Equipment |
| Product(s) reshored | Vehicle Propulsion Lab (R&D) |
| What non-domestic negative factors made offshoring less attractive? | Quality/rework/warranty |
| What domestic positive factors made reshoring more attractive? | Lead time/Time to market, Manufacturing/engineering joint innovation (R&D) |
