April 14, 2025
The Swedish automaker’s US$ 700 million investment is aimed at meeting demand in North and Latin American markets. Strategic Investment for the North American Market Volvo […]
Published 14/04/2025
The Swedish automaker’s US$ 700 million investment is aimed at meeting demand in North and Latin American markets.
Strategic Investment for the North American Market
Volvo Trucks has announced the construction of a new heavy-duty truck manufacturing plant in Nuevo León, Mexico, with an investment of approximately $700 million, and strategic suppliers are projected to invest $300 million more to support operations Scheduled to begin operations by the end of 2026, the facility will have an annual production capacity of up to 30,000 units. Its primary focus will be exports to the United States—especially the West Coast—as well as Mexico and Latin American markets.
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According to Rafael Kisel, President of Grupo Volvo México, the project represents a long-term commitment to the country, with an expected operational lifespan of 30 to 50 years. The plant will produce conventional models for both the Volvo and Mack brands, reinforcing the company’s footprint in North America and complementing its operations in the United States.
Mexico, a Key Player in Regional Growth
The decision to locate the facility in Monterrey was driven by its proximity to the U.S. border, strong logistics infrastructure, and access to a qualified labor force. In addition to targeting the U.S. market, Volvo plans to strengthen its leadership in Latin America, where it already holds a strong position in countries such as Brazil and Peru and has seen accelerated growth in Chile.
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This investment and new plant are expected to generate additional economic activity in the region, further reinforcing Mexico’s role as a manufacturing hub for the heavy-duty vehicle sector.
Are you planning to expand in Mexico? Contact American Industries to learn how our services and expert support can help your company launch or grow operations in Mexico’s dynamic industrial landscape.
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