Commercial, Distributed Energy Resources, GHG Emissions - February 12, 2024
Mack Trucks Invests $14.5 Million in Virginia for EVs
Mack Trucks will invest $14.5 million to expand its Roanoke Valley Operations (RVO) manufacturing facility in Virginia to prepare the plant for an increase in demand for the Mack® MD Series and Mack MD Electric vehicles.
“Mack is committed to making the industrial and product investments we need to be a North American market leader,” said Stephen Roy, global president of Mack Trucks, in a statement. “The expansion of the RVO plant will help us grow in a strategic market segment and support our sustainability goals.”
Virginia Gov. Glenn Youngkin approved a $255,000 grant from the Commonwealth’s Opportunity Fund for the project while Roanoke County offered a package of incentives totaling $842,420.
The investment will be used toward equipment, tooling, and a 72,000 square-foot building expansion, making the facility 352,000 square feet. Construction of the expansion will start in April 2024 and the project is expected to be completed in Q4 2025. The Virginia Economic Development Partnership worked with Roanoke County Economic Development and the Roanoke Regional Partnership to secure the project.
All Mack medium-duty models are produced at RVO. Mack launched the diesel-powered Mack MD Series in 2020 and the Mack MD Electric in March 2023.
Mack Trucks is part of the Volvo Group, which provides trucks, buses, construction equipment, power solutions for marine and industrial applications, financing, and services.
Share this valuable information with your colleagues using the buttons below:
« Back to NewsStay Up-To-Date