Volvo Investing $400 Million to Upgrade its Truck Plant in Virginia

Over a span of 6 years, Volvo is investing $400 million into upgrading its New River Valley plant in Virginia. The expansion will include a larger footprint of the factory, upgraded equipment, and improved plant efficiency. Along with improvements and site expansions, they will also be creating almost 800 jobs for the area. Volvo sees this as a sign of confidence for their future and as an investment in their community.

Check out Volvo’s news release here.