Volvo opens North Carolina truck recycling facility

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Triad Business Journal / May 28, 2015

Volvo Group on Thursday announced the grand opening of a facility in Advance, North Carolina for a subsidiary that recycles heavy-duty truck parts.

The company held a ribbon-cutting ceremony today for the Dex Heavy Duty Parts facility after investing $2.6 million into the renovation of a 210,000 sq. ft. building at the site of a former textile storage facility. The facility is located on 38 acres at 2016 Cornatzer Road.

The Winston-Salem Journal reported that Dex moved its headquarters to Advance from Virginia in August.

"Volvo Group is pleased to open another facility in North Carolina," said Dennis Slagle, president of Volvo Group Trucks Sales North America. "Dex Heavy Duty Parts takes old trucks and recycles them – refurbishing some parts for resale and recycling others for reuse – which is not only a natural extension of our business, but perfectly exemplifies our core value of care for the environment."

A Volvo Group subsidiary, Dex is a supplier of recycled, renovated and surplus medium- and heavy-duty truck parts that offers recycled and renovated parts to second- and third-generation truck owners. According to Darin Redmon, director of operations for Dex Heavy Duty Parts, “Since 2012, Dex has recycled more than three million pounds of material.”

The company's facility adds to Volvo's presence in the Triad. Greensboro is home to the headquarters of Volvo Trucks North America, a maker of heavy trucks and engines, and its sister company, Mack Trucks. Both are subsidiaries of Sweden-based Volvo Group.

Gov. Pat McCrory said: "It's always great to see companies move to North Carolina and we appreciate Dex Heavy Duty Parts’ commitment to our state and environment. Employers know North Carolina is a great place to invest because of our friendly business climate, infrastructure and talented workforce.”