Advertisement
News
Advertisement

Volvo Adding Up To 140 Jobs In Maryland

Fri, 10/18/2013 - 12:33pm
AP

HAGERSTOWN, Md. (AP) -- Sweden's Volvo Group says it's adding up to 140 jobs in Hagerstown in a $30 million expansion of a plant that makes truck engines and transmissions.

The company announced the investment Friday in a joint statement with Maryland Gov. Martin O'Malley and the Washington County Board of Commissioners.

They say the plant will retain 1,340 full-time jobs and add as many as 140.

The company will receive a $4 million conditional loan from the state and a $200,000 conditional loan from the county.

Volvo, based in Gothenburg, Sweden, acquired the plant in 2001. It makes diesel engines and transmissions for Volvo and Mack trucks.

Advertisement

Share This Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading