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Financial Investment at Hagerstown Volvo Leads to More Jobs

The State of Maryland and Washington County approved Volvo for conditional loans, operational expansion and additions, said officials. Those additions were based on job retention and job creation, as well as capital investment. Volvo is also eligible for State and local tax credit and training programs
HAGERSTOWN, Md. --    A $30 million investment package from the Volvo Group will result in over 100 new jobs at its Hagerstown, Maryland powertrain facility.

The State of Maryland and Washington County approved Volvo for conditional loans, operational expansion and additions, said officials. Those additions were based on job retention and job creation, as well as capital investment. Volvo is also eligible for State and local tax credit and training programs. 

"We not only have a state-of-the-art facility here in Washington County, but more importantly we have a highly skilled and capable workforce and a world class product offering," said Wade Watson, Vice President and Plant Manager. "This is one more mile stone along a trail of many that demonstrates the Volvo Group's commitment to this market and to our workforce."

The Volvo Group started in Hagerstown as Mack Trucks, Inc. in 1961. In 2001, they acquired another Hagerstown plant and since then have invested more than $350 million to modernize the facility, install new production and produce what officials call the "cleanest burning heavy-duty diesel engines and advanced transmissions."

For more information on the Hagerstown Volvo site, visit their website. 


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