DUBLIN—Governor Ralph Northam today announced that the Volvo Group will invest nearly $400 million to expand its Volvo Trucks North America New River Valley (NRV) assembly operation in Pulaski County. Major components of the investment include a new 350,000-square-foot building that will ultimately house truck cab welding operations; an expansion of the existing plant to allow for further improvements to the facility’s paint operations and overall material/production flow; and a variety of equipment upgrades, including installation of several state-of-the-art dynamometers for vehicle testing. Volvo considered sites in multiple other states for the expansion project, which will create 777 new jobs within approximately six years.
“As the leading private employer in the New River Valley, Volvo Trucks has been a bedrock of this community for more than forty years and has fueled the regional economy,” said Governor Northam. “The company’s decision to grow its footprint in the Commonwealth not only recognizes the strength of our manufacturing sector, but also reflects the skill of our workers, the quality of life in rural Virginia, and the competitiveness of our business climate. This announcement represents one of the largest capital investments in the history of Southwestern Virginia, and I am confident that this expansion will both prepare the NRV plant for continued success and solidify Volvo’s presence in Pulaski County for decades to come.” Volvo Trucks provides complete transport solutions for customers, offering a full range of medium to heavy duty trucks