VW Plans $1.11 Billion Van Factory in Poland in Global Push
This article is for subscribers only.
Volkswagen AG, Europe’s largest automaker, will invest about $1.11 billion in a new factory in Poland to assemble the Crafter van in an effort to make its commercial-vehicle operations more global.
The new factory in Wrzesnia, about 270 kilometers (170 miles) west of Warsaw, will start production in the second half of 2016 and employ about 2,300 people, the Wolfsburg, Germany-based carmaker said today in a statement. Spending on the plant will total 3.37 billion zloty by 2018, Slawomir Majman, head of Poland’s Information and Foreign Investments Agency, said on his Twitter account. VW declined to comment on financial details.