SourceThe Post and Courier
Date Published01/13/2020
Author NameDavid Wren
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Volvo Car US Operations
Parent companyThe 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) reshoredbatteries for electric vehicles
What domestic positive factors made reshoring more attractive?Proximity to customers/market, Other, expansion
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