Press releases

Having posted a 111% increase in like-for-like sales in the first quarter of the year, President and CEO of Volvo Construction Equipment Pat Olney has reiterated his company’s belief in a North American recovery that could see demand jump by up to a quarter during 2012.

While the world’s best sailors endure a 9 month, 39,000 nautical mile journey across the planet’s most treacherous oceans – Volvo Construction Equipment will use the race’s Miami stopover to strengthen the Volvo brand with existing customers and develop relationships with new customers.

On May 4, Volvo Construction Equipment broke ground on the first phase of the 100 MUSD expansion of its site in Shippensburg, Pennsylvania. The first phase includes construction of a new America’s headquarters office. Incorporating the latest environmental building practices, the expansion is a visible sign of the company’s commitment to the important North American market.

Volvo CE reported record sales and profitability in Q1, 2012, with sales up 17% and higher than ever operating income and operating margin for a first quarter.

The leading construction equipment manufacturer joins hundreds of millions of people around the world who are willing to turn off their lights for one hour on March 31st.

The latest edition of Spirit, Volvo Construction Equipment’s company magazine, is now available to read online and on your iPad.

Volvo Construction Equipment will offer an updated Wedge-Lock asphalt screed manufactured and supported through a new agreement with Carlson Paving Products Inc. along with additional Carlson screeds for Volvo asphalt pavers.

The new L60G, L70G and L90G are the latest wheel loaders from Volvo Construction Equipment in the 13 to 17 tons (12 to 15 tonne) class. With its industry leading versatility, the Torque Parallel linkage combines power with precision.

Volvo Construction Equipment, SDLG and Volvo Buses have joined the Volvo Group’s cooperation with the Worldwide Fund for Nature’s (WWF) Climate Savers program. The cooperation is based on the Volvo Group’s commitment to reduce carbon-dioxide emissions by 30 million tons from construction equipment, buses and trucks manufactured through 2014. Volvo’s joint-venture company, SDLG, which manufactures construction equipment in China, will also become the first-ever Chinese company to be a member of Climate Savers.

Maintaining its ascendancy in the all-important Chinese market, Volvo Construction Equipment ended a successful 2011 with a 14% increase in net sales in the fourth quarter, helping the company to a full year sales increase of 15%. Amid steady growth in most markets, the company ended 2011 with a strong order book and having sold a record 84,000 machines.