Press releases – 2008

11/27/2008L45F and L50F wheel loaders offer twin peaks – Performance and ProductivityTwo new mid-sized wheel loaders are the latest additions to Volvo Construction Equipment’s F-Series line up. The Volvo L45F and L50F delivers peak performance for increased productivity – and profitability.
10/13/2008Volvo Construction Equipment has strong business focus on the Volvo Ocean RaceOn 11 October 2008 the first leg of the Volvo Ocean Race got underway in Alicante, Spain. This is the tenth time the prestigious round the world sailing race has been run since its launch in 1972. Eight boats will compete over 9 months and 37,000 nautical miles for the chance to cross the finishing line first in St Petersburg, Russia in June 2009. The race will visit the main markets in Europe and North America as well as stopovers in growing markets such as Brazil, China, India and Russia.
9/29/2008Volvo CE’s motor grader business in Goderich, Ontario, Canada to be moved to Shippensburg, Pennsylvania, USA by 2010Volvo Construction Equipment (Volvo CE) will move the majority of its motor grader activities currently located in Goderich, Ontario, Canada, to the company’s facility in Shippensburg, Pennsylvania, USA. Volvo CE will incur an estimated restructuring cost of approximately 45 MUSD, which will be recorded in the third quarter of 2008.
9/15/2008Olof Persson, new president and CEO of Volvo Construction EquipmentOlof Persson, 44, will assume the position as president of Volvo Construction Equipment (Volvo CE) on November 1, 2008. He replaces Tony Helsham, 54, who will remain in the Volvo Group Executive Committee with a responsibility to support the growth of ‘soft’ products in the Group. Olof Persson is currently president of Volvo Aero. He will, as of the same date, be replaced by Staffan Zackrisson, who is presently head of marketing, programmes and sales in Volvo Aero.
7/14/2008Volvo expands forestry offering with launch of heavy-duty tracked feller bunchersVolvo Construction Equipment has developed a range of feller bunchers to add to its growing range of dedicated forestry machines.
7/8/2008Road infrastructure continues to be a major engine of economic growth.With unprecedented expansion in transport demand, increasing traffic congestion and road safety challenges, global infrastructure is set to be central to many nations’ economic development plans.
6/25/2008Volvo to take advantage of strong growth in BRIC countriesIn a presentation entitled ‘What happens next?’ the president and chief executive of Volvo Construction Equipment (Volvo CE) Tony Helsham has stated that the company is well positioned to benefit from the continued strong growth of countries such as Brazil, Russia, India and China (BRIC).
6/15/2008Hybrids’ potential to cut construction industry CO2 emissions ‘enormous’New Volvo Construction Equipment research shows the benefits of hybrid technology could be much bigger than first thought.
1/24/2008Volvo Construction Equipment Press Conference at CONEXPO-CON/AGGVolvo Construction Equipment President and CEO, Tony Helsham, and senior members of the management team will host the Press Conference to provide information on the company’s recent growth and development.
1/21/2008Volvo CE extends leadership in high lift wheel loader segmentThe launch of the new L180F HL features a new lift arm design that offers increased lift height and maneuverability
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