Press releases – 2007
| Wolverine Tractor & Equipment, Volvo Construction Equipment’s dealer in Michigan, has acquired Colwell Equipment, joining the forces of two major and longstanding Michigan construction equipment dealers. |
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Volvo Construction Equipment’s ‘Safety For You’ campaign has been shortlisted for a prestigious European Excellence Award. |
| The first Volvo excavator to be built at the Volvo Construction Equipment manufacturing facility in Asheville, North Carolina, rolled off the production line Friday, November 9, 2007. The rollout event in Asheville was attended by several hundred city, county, state and Congressional public officials, private industry executives, company management, dealers, customers and personnel, industry and local and regional members of the media, and members of the Swedish embassy from Washington, D.C. It also marked the initial revealing of the results of a $25 million to $56 million investment dedicated over the next several years to the expansion of the company’s fabrication and assembly capabilities to meet growing requirements in the excavator market in North America. |
| Volvo Construction Equipment in Skyland, NC was awarded the Silver Prize by the North Carolina Shingo prize for Manufacturing Excellence. The Silver Shingo Prize is given to organizations that have positive improvement trends in the business functions with many examples of improvement projects focusing beyond the daily issues. |
| Volvo Construction Equipment Rents, Inc. (Volvo Rents), has announced the opening of a Volvo Rents equipment rental franchise in Denver, Colorado. |
| A strong product portfolio is helping the company continue its rapid growth, despite a slowdown in the North American market. |
| Volvo Construction Equipment Rents, Inc. (Volvo Rents), has announced the opening of a Volvo Rents equipment rental franchise in Branson, Missouri. |
| Assets of Canadian timber handling machinery manufacturer, Technologies Direct, have been acquired by Volvo Construction Equipment (Volvo CE) in a move that will extend its forestry application product range. |
| Volvo Construction Equipment has announced the development of a new product class of pipelaying machines targeting, primarily, contractors in the on-shore oil and gas industry. Believed to be the most significant equipment innovation in this industry segment in nearly 80 years, it is anticipated that the new class will be available to the North America market in the second quarter of 2008. |
| Penn-Jersey Machinery, the authorized Volvo Construction Equipment (Volvo CE) dealer in New Jersey and eastern Pennsylvania, has reached an agreement to assume the sales and marketing of road machinery products formerly marketed by Binder Machinery Company, an Ingersoll Rand dealer headquartered in South Plainfield, New Jersey. The agreement was effective August 1, 2007. |
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