Industrial

Volvo Unveils First U.S. Factory

Volvo Cars opened its first plant in the United States in June. The Swedish automaker aims to make 130,000 hybrid or all-electric vehicles a year at the Ridgeville, SC, factory.

The first redesigned S60 sedans should roll off the assembly line this fall, according to an Associated Press report. Volvo is making hybrid vehicles at all of its plants and promises that all its cars will have an electric component next year.

Company officials say 1,500 people (most wearing uniforms) should be working there by year’s end and 4,000 by the end ...