Voilvo To Close a Plant in Canada
Sep. 09, 1998
STOCKHOLM, Sweden (AP) _ Swedish automaker Volvo announced Wednesday that it would close its assembly plant in Halifax, Nova Scotia, in December.
About 200 people work at the plant, which began operations in 1963 and now does final assembly on the V70 and S70 models.
``Our analysis has determined that it is not economically viable to produce cars for the Canadian market in Halifax as we expand our product line,'' Volvo's senior vice president for manufacturing Curt Germundsson said in a prepared statement.
The Halifax plant is to cease operation on Dec. 18.