Subaru of America opened its new $118-million headquarters in Camden, N.J. today, and plans to move more than 550 employees into the location next month, the automaker announced.
The new facility provides 250,000 square feet of space plus an adjacent training center that will double the size of the automaker's operations. Subaru, which is leaving a site in suburban Cherry Hill, is consolidating four sites into one campus with the move.
The company has seen record growth in recent years as its sales have risen to 647,956 vehicles in 2017. In 2013, the company sold 424,683 vehicles.
Subaru will donate 50 cherry trees to the city of Camden. In Japanese culture, cherry blossoms represent both the fragility and the beauty of life and are symbolic of new beginnings.
Subaru has been selling vehicles in the U.S. since 1968, when the company opened its first headquarters in Philadelphia. The company moved to New Jersey in 1969 and Cherry Hill in 1986.
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