Volvo plans to localize supply chain

Charleston Regional Business Journal
Liz Segrist
March 15, 2016

When Volvo begins producing its S60 sedan exclusively in Berkeley County in late 2018, the company plans to source the parts that make up the body of the car largely from S.C. suppliers, Volvo executive Katarina Fjording said after an event Thursday in Charleston.

“We’re going to localize basically all of the body parts here, which is something we normally don’t do. Normally, we take parts from our own component shop in Sweden or we make the parts ourselves. … So we’re going to localize those parts here,” Fjording, Volvo Car Group’s purchasing and manufacturing vice president, said after the Charleston Metro Chamber of Commerce’s presentation of its Economic Forecast.

Fjording said some suppliers have already been identified in South Carolina and neighboring states. Others are being recruited to the area to open operations in the state.

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