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Volvo Trucks To Cut 1,000 Jobs At Virginia Assembly Plant

Volvo AB’s North American division said Monday it will cut approximately 1,000 jobs from its Dublin, Va., assembly plant due to an expected drop in demand.

Volvo AB’s North American division said Monday it will cut about 1,000 jobs from its Dublin, Va., assembly plant because of an expected drop in demand.

The plant currently employs about 3,170 workers and produces trucks for Volvo and Mack Trucks Inc. The layoffs will take place during the first quarter of 2007.

The anticipated drop in demand for heavy-duty vehicles is due to a delay in purchasing by customers until the new U.S. EPA emissions standards go into effect in January of 2007.

Employees were informed of the plans Monday, and the plant will work with the appropriate state and local agencies to develop plans for assisting the employees who will be affected.