Latest news with #VolvoConstructionEquipment
National Post
2 hours ago
- Automotive
- National Post
Volvo Construction Equipment to Expand Production in North America
Article content As part of a larger global industrial footprint investment to support growing customer demand, Volvo Construction Equipment will begin producing crawler excavators and large wheel loaders in Shippensburg, Pennsylvania. Article content Shippensburg will add capabilities to produce mid- to large-size excavators, thereby increasing its global industrial footprint and improving flexibility. The total global investment of $261 million aims to strengthen Volvo CE's crawler excavator position across three main production sites in South Korea, Sweden and the United States. In addition, the Shippensburg site will add four large wheel loader models to its current wheel loader production. Production is planned to begin in the first half of 2026. Article content Article content SHIPPENSBURG, Pa. — Volvo Construction Equipment (Volvo CE) is making a significant investment to expand production worldwide. For crawler excavators, three main sites will see approximately $261 million invested to expand crawler excavator production to meet growing customer demands, mitigate supply chain risks and reduce reliance on long-distance logistics. These sites include Shippensburg, Penn., USA; Changwon, South Korea; and a location in Sweden. Article content In Shippensburg, Volvo CE will not only add crawler excavator production but also expand wheel loader production to include large wheel loaders. Currently, soil and asphalt compactors and mid-size wheel loaders are manufactured at the Shippensburg factory. Article content Updates will be made to the existing space within the factory to install assembly lines, integrate more automation technologies into the manufacturing process and train employees, with the goal to be production-ready in the first half of 2026. Article content Investment aims to bolster global machine availability Article content In a rapidly evolving market, strategically enhancing production capacity and flexibility will allow the OEM to meet current and future customer demands more effectively, according to Melker Jernberg, Head of Volvo CE. Article content 'We must respond to growing demand, and we're excited to expand our facilities to serve our customers better,' said Jernberg. 'This investment underscores our commitment to quality and innovation, allowing us to deliver even greater value.' Article content By expanding production capabilities in key markets, Volvo CE will reduce dependency on any single site and become less reliant on long-distance logistics. Supply chain risks will also be mitigated by expanding domestic supplier bases, allowing the OEM to more nimbly manage any economic or regulatory challenges. Article content Jernberg says that fostering collaboration with local suppliers and customers will better position the company for sustained growth and innovation without compromising the high standards that Volvo CE equipment is known for. Article content North America to see reduced lead times and improved machine supply Article content 'Bringing excavator production to North America and growing the range of wheel loader models built here has always been part of our long-term industrial plan, so it's exciting to finally share this news with our employees, dealers and customers,' said Scott Young, Head of Region North America. 'This increase in production capacity means that over 50% of our North American machine supply can be built here in Shippensburg, resulting in shorter lead times while also creating opportunities for supplier growth.' Article content Volvo CE acquired the Shippensburg site in 2007 from Ingersoll Rand and relocated its regional headquarters there in 2012. On top of recent investments, Volvo CE will invest approximately $40 million locally over the next five years. Today's announcement is a win for central Pennsylvania, as it shows the company's continued commitment to the local community and its economic vitality. Article content [For additional photos, Article content .] Article content Volvo Construction Equipment (Volvo CE) is a leading international manufacturer of premium construction equipment, and with over 10,000 employees, it is one of the largest companies in the industry. Volvo CE offers a wide range of products and services in more than 140 countries through its global distribution network. Volvo CE is part of the Volvo Group. The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase customers' uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs more than 101,000 people and serves customers in almost 190 markets. In 2024, net sales amounted to SEK 527 billion (EUR 46 billion). Volvo shares are listed on Nasdaq Stockholm. Article content Article content Article content Article content Article content Contacts Article content Questions? Contact Amy Crouse. Article content Article content Article content Article content Article content LinkedIn: Article content Volvo Construction Equipment Article content Article content Facebook: Article content @VolvoCENA Article content Article content Instagram: Article content @VolvoCE_NA Article content Article content Article content Article content
Business Wire
2 hours ago
- Automotive
- Business Wire
Volvo Construction Equipment to Expand Production in North America
SHIPPENSBURG, Pa.--(BUSINESS WIRE)--Volvo Construction Equipment (Volvo CE) is making a significant investment to expand production worldwide. For crawler excavators, three main sites will see approximately $261 million invested to expand crawler excavator production to meet growing customer demands, mitigate supply chain risks and reduce reliance on long-distance logistics. These sites include Shippensburg, Penn., USA; Changwon, South Korea; and a location in Sweden. "This increase in production capacity means that over 50% of our North American machine supply can be built here in Shippensburg." -Scott Young, Head of Region North America, Volvo Construction Equipment Share In Shippensburg, Volvo CE will not only add crawler excavator production but also expand wheel loader production to include large wheel loaders. Currently, soil and asphalt compactors and mid-size wheel loaders are manufactured at the Shippensburg factory. Updates will be made to the existing space within the factory to install assembly lines, integrate more automation technologies into the manufacturing process and train employees, with the goal to be production-ready in the first half of 2026. Investment aims to bolster global machine availability In a rapidly evolving market, strategically enhancing production capacity and flexibility will allow the OEM to meet current and future customer demands more effectively, according to Melker Jernberg, Head of Volvo CE. "We must respond to growing demand, and we're excited to expand our facilities to serve our customers better," said Jernberg. "This investment underscores our commitment to quality and innovation, allowing us to deliver even greater value." By expanding production capabilities in key markets, Volvo CE will reduce dependency on any single site and become less reliant on long-distance logistics. Supply chain risks will also be mitigated by expanding domestic supplier bases, allowing the OEM to more nimbly manage any economic or regulatory challenges. Jernberg says that fostering collaboration with local suppliers and customers will better position the company for sustained growth and innovation without compromising the high standards that Volvo CE equipment is known for. North America to see reduced lead times and improved machine supply 'Bringing excavator production to North America and growing the range of wheel loader models built here has always been part of our long-term industrial plan, so it's exciting to finally share this news with our employees, dealers and customers,' said Scott Young, Head of Region North America. 'This increase in production capacity means that over 50% of our North American machine supply can be built here in Shippensburg, resulting in shorter lead times while also creating opportunities for supplier growth.' Volvo CE acquired the Shippensburg site in 2007 from Ingersoll Rand and relocated its regional headquarters there in 2012. On top of recent investments, Volvo CE will invest approximately $40 million locally over the next five years. Today's announcement is a win for central Pennsylvania, as it shows the company's continued commitment to the local community and its economic vitality. [For additional photos, click here.] Volvo Construction Equipment (Volvo CE) is a leading international manufacturer of premium construction equipment, and with over 10,000 employees, it is one of the largest companies in the industry. Volvo CE offers a wide range of products and services in more than 140 countries through its global distribution network. Volvo CE is part of the Volvo Group. The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase customers' uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs more than 101,000 people and serves customers in almost 190 markets. In 2024, net sales amounted to SEK 527 billion (EUR 46 billion). Volvo shares are listed on Nasdaq Stockholm. Expand
Trade Arabia
04-03-2025
- Automotive
- Trade Arabia
Volvo CE, PT Indotruck Utama launch NewGen excavator
Volvo Construction Equipment and its Indonesian dealer have launched the new generation EC210 excavator based on the epic Hindu legend of Mahabharata. The EC210 is ideal for construction and mining sectors and even for infrastructure development. The performance incorporated visual themes from the story to represent the leading technology, robust structure, reliable components, as well as the productivity of the new machine. The Indonesian launch event for the New Generation Volvo EC210 Excavator was built around the theme of 'Pandava' to celebrate local culture and align the strength, efficiency, and endurance of the machine with the legend of the Pandava brothers, who overcame multiple challenges to save a village. Bambang Prijono, President Director of PT Indotruck Utama (ITU) said: "At PT Indotruck Utama, we are confident that the New Generation EC210 is the ideal solution for Indonesia's diverse industries. With its superior efficiency, durability, and ease of maintenance, this excavator is engineered to meet the evolving demands of our customers, whether in construction, mining, or infrastructure development." "Just as the Pandava brothers overcame challenges through their unique strengths, the New Generation EC210 is built to tackle the toughest job site conditions with precision and power," he observed. New era in excavation The New Generation EC210 excavator is an easy-to-own 20-ton crawler excavator that simplifies operations and maintenance. The launch event welcomed over 100 customers from various industries to get a detailed look at the machine's robust design, advanced technology, and ability to offer exceptional return on investment. The New Generation EC210 comes with a high-performance Volvo engine that provides increased power and torque and features 10 work modes with optimised hydraulics for faster cycle times and better productivity. The heavy-duty design ensures long-term performance in any application, while safety is enhanced with 3-point side access, emergency shutdown, rearview camera, and anti-slip plates. Operator comfort is further improved with a ROPS cab and ergonomic controls. Greater Fuel Savings Advanced hydraulics reduce fuel consumption by up to 15% by intelligently regulating engine speed and hydraulic flow, leading to lower operating costs and the New Generation EC210 is designed for further efficiency with longer service intervals, easy service access, and a fuel shut-off valve to prevent spillage and minimise maintenance costs. Optional features such as Dig Assist and Volvo attachments like hydraulic breakers also enhance its versatility. Tomas Kuta, President of Region Asia, Volvo CE, said: "The EC210 represents Volvo's commitment to delivering innovative, high-performance machines that meet the evolving needs of our customers in Indonesia."
