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Volvo Group announces construction of a heavy truck plant in Mexico
Thursday, April 11, 2024 - 18:00
Fuente: Volvo

The new plant will be approximately 1.7 million square feet and will focus on the production of heavy-duty conventional vehicles for the Volvo and Mack brands.

Volvo, the Swedish vehicle manufacturer, declared this Thursday that it will build a new heavy-duty truck manufacturing plant in Mexico to complement the group's American production. The plant is expected to be operational in 2026.

Currently, Mack's LVO plant in Pennsylvania and Volvo's NRV plant in Virginia are the company's primary North American heavy-duty truck production sites.

The Group has invested more than US$73 million over the last five years in the expansion and upgrade of LVO, and is currently investing an additional US$80 million to prepare for future production. The NRV plant is completing a six-year, $400 million expansion/upgrade to prepare for production of the new Volvo VNL model.

The new plant will be approximately 1.7 million square feet and will focus on the production of heavy-duty conventional vehicles for the Volvo and Mack brands. It will be a complete conventional vehicle assembly facility that will include production of the cab body in white and paint.

The company assures that adding production in Mexico will provide logistical efficiencies to support sales in the southwest/west regions of the United States, and in Latin America. Likewise, it seeks to provide a mature supply and production ecosystem that will complement the US system.

Autores

AméricaEconomía.com