Volvo picks South Carolina for its first US plant
Last edited Mon May 11, 2015, 06:05 PM - Edit history (2)
Source: Detroit Free Press
Volvo Cars said today it will invest $500 million to build a new plant in Berkeley County, S.C., as industry sales in North America continue to increase.
The automaker, which is owed by Zhejiang Geely Holdings of China, said the investment will create 2,000 jobs and the plant will initially be able to produce up to 100,000 cars per year.
Construction will begin in early autumn 2015, with the first vehicles expected to roll off the assembly line in 2018.
The automaker said the new plant is part of its plan to double global sales, boost market share and lift profitability.
Read more: http://www.freep.com/story/money/business/2015/05/11/volvo-new-plant-south-carolina-mexico-automotive-investment/27108569/
EDIT: Detroit Free Press, obviously. Not Detritus Free Press. Never post from a tablet.
TexasProgresive
(12,157 posts)Here I was thinking Volvo Cars was still owned by Ford and now I find out it is owned by a Chinese firm.
Recursion
(56,582 posts)Response to Recursion (Reply #2)
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whatthehey
(3,660 posts)Can't imagine why that's not a pretty open and shut demonstration of greater willingness to expand Volvo US operations. Definitional really...
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whatthehey
(3,660 posts)They sure as hell didn't support ANY US workers, unionized or not.
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TheBlackAdder
(28,189 posts)They sell off Volvo to the Chinese, during the financial crisis, when they were not cash constrained.
Those could have been Ford-built Volvos. Now, they are a brand that I would never think to buy.
Then, to slap Great Britain in the face, they sell Jaguar & Land Rover to Tata Motors, of India.
The English are still sore that their major marques are now part of a post-colonial holding company.
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Recursion
(56,582 posts)And when they owned Volvo, they did not build a US plant for Volvo?
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Hoyt
(54,770 posts)Recursion
(56,582 posts)The Chinese company they sold Volvo to did. It's not difficult.
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Recursion
(56,582 posts)Does it really make a difference to you?
Hoyt
(54,770 posts)And be happy.
I'm sorry, I don't get your attitude. Would you rather the jobs stay in China?
I guarantee that there will be a long line of people hoping to get one of these jobs.
In_The_Wind
(72,300 posts)IdiotsforPalin
(170 posts)After the Boeing disaster you'd think SC would be off the list
turbinetree
(24,695 posts)was going to put that assembly plant in that state at whatever the costs, even if it meant a delay in the program for the B787.
http://www.reuters.com/article
turbinetree
(24,695 posts)a Authoritarian Capitalist country is going to be bringing its business model to this country and they planted themselves in a state that supports that business model (RIGHT TO WORK for Less).
Just like some other Large corporations planting themselves there.
And since the Communists don't believe in unions (if you live in Communist China they throw you in jail if you try to organize).
This is just a microcosms of what TPP is all about, and I know that China is not part of that outsourcing plan-----------------but---its the same rhetoric every time
http://www.just-auto.com/news/volvo-union-cautiously-welcomes-geely-buy
http://tradetreachery.com
Romeo.lima333
(1,127 posts)Volvo said it picked South Carolina because of its easy access to international ports and infrastructure, a well-trained labor force, attractive investment environment and experience in the high tech manufacturing sector.
Kelvin Mace
(17,469 posts)Don't they have to know things like "readin" and "cypherin"?
n2doc
(47,953 posts)The rest, ? Probably "attractive investment environment"= bribes and tax exemptions
Boeing has had difficulty in getting up to speed there because of the workforce.
TheCowsCameHome
(40,168 posts)mahatmakanejeeves
(57,426 posts)Last edited Tue May 12, 2015, 08:38 AM - Edit history (1)
Volvo Trucks, the part of the Volvo Group that builds Volvo trucks, is different from Volvo Cars.
New River Valley Assembly Plant
The 1.6-million-square-foot New River Valley assembly plant, located on nearly 300 acres in Dublin, Virginia, is the largest Volvo truck manufacturing facility in the world. The plant is certified under the ISO 9001 quality, ISO 14001 environmental, and ISO 50001 energy standards. The New River Valley plant produces all Volvo trucks sold in North America, including the VNM, VNL, VNX, VHD and VAH models.
A History of Innovation
The Volvo Group is one of the worlds leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 110,000 people, has production facilities in 19 countries and sells its products in more than 190 markets. In 2013, the Volvo Groups sales amounted to $41.5 billion. The Volvo Group is a publicly-held company headquartered in Gothenburg, Sweden. Volvo shares are listed on OMX Nordic Exchange Stockholm and are traded OTC in the U.S. For more information, please visit www.volvogroup.com or www.volvogroup.mobi if you are using your mobile phone.
happyslug
(14,779 posts)http://www.uaw2069.net/
Volvo owns Mack Trucks:
http://en.wikipedia.org/wiki/Mack_Trucks
Also owns Renault Trucks:
http://en.wikipedia.org/wiki/Renault_Trucks
http://www.uaw.org/page/members
ileus
(15,396 posts)happyslug
(14,779 posts)happyslug
(14,779 posts)Last edited Mon May 11, 2015, 06:09 PM - Edit history (1)
http://www.thinkchina.ku.dk/reports-and-presentations/Lessons_from_Volvo_s_transition_to_Chinese_ownership_-_a_union_perspective.pdfThe real question till they permit a union to organize their workers? That has NOT occurred in China.
There are differing approaches among ICFTU affiliates and Global Union Federations concerning contacts with the ACFTU. They range from no contacts to constructive dialogue. The ICFTU, noting that the ACFTU is not an independent trade union organisation and, therefore, cannot be regarded as an authentic voice of Chinese workers, reaffirms its request to all affiliates and Global Union Federations having contacts with the Chinese authorities, including the ACFTU, to engage in critical dialogue. This includes raising violations of fundamental workers and trade union rights in any such meetings, especially concerning cases of detention of trade union and labour rights activists
http://www.ituc-csi.org/
http://en.wikipedia.org/wiki/All-China_Federation_of_Trade_Unions
The International Federation of Trade Unions, ICFTU dissolved itself in 2006 when it Merged with the World Confederation of Labor (WCL) to form the International Trade Union Confederation (ITUC):
http://en.wikipedia.org/wiki/International_Trade_Union_Confederation
Thus the old ICFTU was a little more right wing then the WCL and the ITUC. the ICFTU came out of the post WWII cold war situation with the ICFTU seeing the Communist Trade Groups of the Soviet Union as NOT being "Free Trade Union" but under the control of the Communist Party of Moscow and refused to be associated with those Unions. The WCL had been formed after WWI, as a Catholic (later Christian, later secular) alternative to other world wide federations (the WCL saw itself after WWI, as a Catholic Alternative to Communists and Socialist unions, it adopted Catholic Social Teachings, including the right of workers or organize and fight for better wages, by the 1960s the WCL was dealing with a lot of Moslem and Buddhist union members who objected to the Christian base of the Federation and for that reason the WCL dropped its Christian claims while retaining Catholic Social Teachings, once the Christian claims were dropped and the fall of Communist Soviet Union, the difference between the WCL and the ICFTU were almost moot, so they merged in 2006).
Just a comment about the ICFTU and its successor the ITUC, both maintain to be a member a Union must be independent of Government AND employers and that is NOT true of Unions in China.
Today's position on Unions and China is as follows:
http://survey.ituc-csi.org/China.html?edition=336#tabs-2
Global map on the Freedom to form and join a Union:
http://survey.ituc-csi.org/?lang=en
Hoyt
(54,770 posts)scscholar
(2,902 posts)Just like BMW, Boeing, Maytag, etc..
erpowers
(9,350 posts)What is happening with these companies? I think a few other posters mentioned that Boeing is having problems in S.C. However, none of them mentioned the problems? So, what is happening?
Recursion
(56,582 posts)the organization bid was postponed, and NLRB is stepping in. Even if a company doesn't want a union, they definitely don't want that kind of pressure either.
JI7
(89,248 posts)the usual stuff about SC labor laws would apply to any company.
betterdemsonly
(1,967 posts)factories in states that value education and aren't run by fanatical religious extremists. I feel so bad that bad people get rewarded for being assholes at every turn. Their employees are just disposable serfs.