Volvo Construction Equipment marks a major milestone in its commitment to the Asian marketplace.
Volvo Construction Equipment is celebrating the production of the 10,000th excavator to roll off its Chinese production lines as it ramps up its growth strategy in the region.
The 10,000th excavator to be manufactured in China – an EC210BLC – was on display as the star attraction of a special event to mark the occasion. A select group of media and members of Volvo Construction Equipment gathered for an official ceremony and press conference at its Shanghai facility. Volvo Construction Equipment president and chief executive Olof Persson was present and conducted a question and answer session with the media about the company’s strategic focus and plans for growth in the region.
Volvo started its hydraulic excavator manufacturing facility in Shanghai in April 2003. So far, it has invested US$32 million into the operation and employs around 300 people at its Shanghai facility.