When you believe in something, you should throw your full faith and support behind it. That is especially true when you’re an entrepreneur and want to see a business succeed.
According to the Business Insider, auto maker Volvo is doubling down on its U.S. plant in South Carolina. It will invest another $1 billion dollars, which will add additional 2,500 jobs at the Charleston facility. The development is of interest to Gordon Tang, who is the chairman of the American Pacific International Capital (APIC). Gordon and Huaidan Chen who is the Non-executive chairman of OKH Global Ltd. and group managing director at SingHaiyi Group are always keeping an eye on global business investments.
To Gordon Tang and Huaidan Chen, Volvo’s move makes sense from an expansion standpoint. According to the report, Volvo has achieved record sales four years in a row. Gordon Tang and Huaidan Chen believe that now is the time for the car maker to ensure that the operation stays ahead of the game. Gordon Tang says that Volvo’s move shows its commitment to the US market.
In addition to APIC, Gordon Tang is the Non-executive director of SingHaiyi Group Ltd. and president of the Cambodia Sailing Federation. One of the ways to stay on top of the game is to keep abreast of global companies’ movement and study their business strategies, says Gordon.