Volvo to Build $500 Million Assembly Plant in South Carolina

May 11, 2015

RIDGEVILLE, SC—Volvo will build its first U.S. car factory in Berkeley County, SC. Volvo’s $500 million investment in the assembly plant could create as many as 2,000 jobs over the next decade and up to 4,000 jobs by 2030. MORE

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Supply Chain

The coronavirus epidemic has begun to disrupt the global manufacturing supply chain for a number of OEMs, including Airbus, Hyundai and Tesla. How resilient is your supply chain network?

Moderately resilient: We have good visibility to the supply network. It’s hard to justify investments to modify our supply chain footprint. We focus more on managing disruptions once they occur.

Highly resilient: We have good visibility to the supply network. We view flexibility and resilience as necessary investments. We can shift sourcing, manufacturing or distribution within our network fairly rapidly.

Not resilient: We are dependent on our existing sourcing, manufacturing and distribution footprint. We must find other ways to compensate for changing conditions. We have yet to invest in analytics to support network decision making.

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