Economic Development: Where will Volvo Land?

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May 14, 2015

Volvo has a $500 Million facility to build. Competiting economic devleopment incentives were offered by Georgia and South Carolina.

Volvo is anticipating 4,000 jobs over the next decade.

Georgia was said to offer:

Access to railways and ports
Grants (GA added $0 Million to its economic incentive programs for Volvo & others)
Education Programs

South Carolina is rumored to be offering $120 million in bonds to draw Volvo.

Atlanta Journal Constitution