The new Volvo Charleston plant will be the global production home of the company’s new S60 sedan and another yet-to-be-determined model.
The company broke ground this week on the Charleston plant, which will be capable of producing up to 100,000 cars per year.
The first South Carolina-built Volvos are expected to roll off the assembly line in late 2018.
Company officials said they saw U.S. sales increase by double-digit percentages over the last two months, with global sales rebounding across car lines.
Volvo estimates the factory will employ up to 2,000 people over the next decade and up to 4,000 people in the longer term.