# Volvo Group to invest $400M in Virginia truck plant expansion

Volvo Group announced on June 28, 2019 plans to invest nearly $400 million over six years to upgrade and expand its New River Valley, Virginia plant, adding 777 jobs. The project includes expansion of the industrial footprint and installation of new equipment.

- Type: Expansion
- Announced: 2019-06-28
- Where: New River Valley, Virginia, United States
- Value: $400.0M
- Jobs: 777
- Status: announced
- Products: Volvo trucks
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Volvo](https://endata.com/companies/9342.md)
- [Volvo Trucks North America](https://endata.com/companies/41234.md)

## Sources

- [ttnews.com](https://www.ttnews.com/articles/volvo-group-spend-400-million-plant-upgrades-expansion), 2019-06-28: "The Volvo Group on June 28 announced plans to invest nearly $400 million over six years to upgrade its New River Valley, Va., plant that produces all Volvo trucks sold in North America."
- [volvogroup.com](https://www.volvogroup.com/en/news-and-media/news/2019/aug/nrv-plant-investment.html), 2019-08-08: "This investment is another sign of our confidence in that future, and will help us prepare for even more exciting products – powered by both diesel and electric drivetrains – in the coming years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.