Volvo Group North America recently announced that it will be expanding its powertrain facility in Hagerstown, Maryland, introducing a new machining operation, increasing automated manual transmission (AMT) assembly and adding core logistics management.
The company will invest $43 million and add 85 new jobs in the powertrain production plant where it develops and produces heavy-duty diesel engines, transmissions and axles for Volvo brands.
AMT gear and shaft machining will be added alongside the existing AMT assembly line in Hagerstown, with production expected to begin in early 2021.
“The Volvo Group’s decision to expand operations is welcome news for Hagerstown, for Washington County and for Maryland,” said Kelly M. Schulz, Maryland commerce secretary. “The company has been an important employer in western Maryland for more than 57 years, with more than 1,900 team members currently at the Hagerstown campus.”
To assist with the expansion, Maryland Commerce has approved a $1.4 million conditional loan through Advantage Maryland. Washington County has also authorized approximately $140,000 for the project.
“It is very important for us to receive support from the state of Maryland and Washington County,” said Pierre Jenny, Volvo Group vice president of powertrain production at the Hagerstown facility. “We value the long-term relationship we have with our local and state legislators, as they are key partners to build a sustainable business.”
For more information, visit www.volvogroup.com.