Volvo CE to expand US operations
Volvo Construction Equipment plan to spend US$100 million on their Shippensburg facility
OVER the next two years, Volvo Construction Equipment plan to spend US$100 million on their Shippensburg manufacturing facility in Pennsylvania and start production of Volvo wheel loaders, excavators and articulated haulers in North America.
In addition, Volvo CE’s North American sales headquarters and Volvo Rents will relocate from Asheville, in North Carolina, to the Shippensburg campus.
‘It makes sense, when possible, to manufacture products close to where our customers are,’ said Olof Persson, president and CEO of Volvo CE. ‘Producing Volvo wheel loaders, articulated haulers and excavators in Shippensburg will result in shorter lead times for our customers.
‘We will work closely with local suppliers to increase the North American content of our products. This will further reduce our exposure to exchange rate fluctuations, which will already be positively affected by our bringing more production to the US.’
In addition, a world-class Customer and Demonstration Center will be built in Shippensburg and the company will construct a new office building on the campus to house their regional sales headquarters, their Volvo Rents offices and their Training Center.
All Asheville-based staff will be given the opportunity to relocate to Shippensburg. The move, which will affect about 220 employees, will be concluded no later than September 2012.
Since the acquisition of the Shippensburg facility in 2007, Volvo CE have continuously invested in the existing plant. In June 2010, a US$30 million expansion of the facility was finalized, to improve manufacturing flow and increase production space to incorporate the production of Volvo motor-graders.
Volvo CE say the manufacturing wheel loaders, articulated haulers and excavators in Shippensburg will have no significant impact on current production in the company’s other locations, and will also further improve the competitiveness and profitability of the total business.
OVER the next two years, Volvo Construction Equipment plan to spend US$100 million on their Shippensburg manufacturing facility in Pennsylvania and start production of Volvo wheel loaders, excavators and articulated haulers in North America.
In addition, Volvo CE’s North American sales headquarters and Volvo Rents will relocate from Asheville, in North Carolina, to the Shippensburg campus.
‘It makes sense, when possible, to manufacture products close to where our customers are,’ said Olof Persson, president and CEO of Volvo CE. ‘Producing Volvo wheel loaders, articulated haulers and excavators in Shippensburg will result in shorter lead times for our customers.
‘We will work closely with local suppliers to increase the North American content of our products. This will further reduce our exposure to exchange rate fluctuations, which will already be positively affected by our bringing more production to the US.’
In addition, a world-class Customer and Demonstration Center will be built in Shippensburg and the company will construct a new office building on the campus to house their regional sales headquarters, their Volvo Rents offices and their Training Center.
All Asheville-based staff will be given the opportunity to relocate to Shippensburg. The move, which will affect about 220 employees, will be concluded no later than September 2012.
Since the acquisition of the Shippensburg facility in 2007, Volvo CE have continuously invested in the existing plant. In June 2010, a US$30 million expansion of the facility was finalized, to improve manufacturing flow and increase production space to incorporate the production of Volvo motor-graders.
Volvo CE say the manufacturing wheel loaders, articulated haulers and excavators in Shippensburg will have no significant impact on current production in the company’s other locations, and will also further improve the competitiveness and profitability of the total business.
