Volvo Car to Build First U.S. Car Plant in South Carolina
Volvo Car Corp later this year will break ground on a $500 million factory in the U.S. and this deal could lead to 4,000 direct jobs in South Carolina, where unemployment is falling but remains higher than national rates. In recent years, we have seen the automotive industry be a front runner in increasing jobs nationally and internationally. Volvo’s expansion is one of the many corporations that has contributed to job growth in the U.S.
The South is becoming a popular destination for automotive investment and has the potential to compete with the “magnet” factory areas like Mexico. According to Paul Harty, president of the Boston-based recruitment firm Seven Step RPO, “There is a war for manufacturing talent and the South sells well.”
Since the 1980’s many U.S. auto industry jobs have moved to the South which has increased the awareness of the untapped opportunities in the Southern states. The South will continue to see an increase in investment as the automotive industry continues to expand and bring back jobs to the U.S. economy.
You can see Paul Harty’s insights in the original article titled, “Volvo Car to Build First U.S. Car Plant in South Carolina” posted in The Wall Street Journal, here.