Volvo Construction Equipment inaugurated its expanded Shippensburg, Pennsylvania manufacturing facility yesterday. The company invested $30 million to grow its assembly capabilities to meet anticipated demand from the North American market.
"It is a testament to the importance Volvo CE places on our dealers and customers in the North American market that, despite the extremely poor market conditions which have persisted for several years in North America, and recently in many other parts of the world, the commitment to this investment has never been in doubt," said Pat Olney, executive vice president of Global Operations. "Volvo remains as committed today as ever to invest the resources - money, people and know-how - in developing the Shippensburg facility for the future."
Pennsylvania's Department of Community and Economic Development supported the project with a $1 million USD Opportunity Grant.
Volvo is seeking LEED certification for the 200,000-square-foot facility. It employs approximately 550 people and produces more than 60 kinds of asphalt pavers, soil and asphalt compactors, milling machines, and motor grades.