The Volvo Group (IW 1000/96) announced last week that it is investing $30 million to expand its Hagerstown, Maryland facility.
As a result of the expansion, the Volvo Group, one of the world’s largest producers of heavy duty diesel engines, plans to add as many as 140 new full-time jobs and retain 1,340 existing full-time jobs.
The Volvo Group’s Hagerstown facility has been a major economic driver in the region for more than 50 years. The site has been home to heavy-duty powertrain development and production since it opened as a Mack Trucks, Inc. facility in 1961. The Volvo Group acquired Mack and the Hagerstown plant in 2001, and since then has invested more than $350 million to modernize the facility and install new production capability to produce heavy-duty diesel engines and advanced transmissions.
In 2012, the plant produced more than 45,000 engines and 21,000 transmissions for Volvo Group brands.
“We not only have a state-of-the-art facility here in Washington County, but more importantly we have a highly-skilled and capable workforce and a world-class product offering,” said Wade Watson, the Volvo Group’s VP and Plant Manager.
