Volvo Construction Equipment’s Americas News Minute has taken a bronze in the 34th Annual Telly awards
Sharply lower global demand, especially in the mining sector, weighs on first quarter 2013 results at Volvo CE. But with improved profitability over the previous quarter and inventories now in balance, the company has increased production to meet the spring selling season.
New Volvo pavers — tracked P7110 or wheeled P7170 — provide operators with maximum versatility to suit the needs of any job; delivering the power, precision and quality that highway paving contractors demand.
At the inaguration of the company’s $100 million investment facility in Shippensburg, Penn., President of Volvo Construction Equipment, Pat Olney outlined his belief that the market will remain flat in 2013 with a +5 /-5% market development expected during the year in North America.
A major investment program at Volvo CE’s Shippensburg production hub sees the first US-built wheel loaders roll off a new assembly line, as well as the inauguration of a new Americas headquarters building.