Volvo CE plans new crawler excavator plant in Sweden

Volvo Construction Equipment (CE) has decided to physique a caller crawler excavator assembly works successful Eskilstuna, Sweden, to bolster its operations for the European market.

The projected 30,000m² installation is expected to nutrient up to 3,500 mean and ample crawler excavators per year, including some electrical and internal-combustion motor models ranging from 14 tonnes (t) to 50t.

The inaugural follows Volvo CE’s antecedently announced strategy to grow its beingness wrong the excavator segment.

The institution has allocated Skr700m ($73.1m) for the Eskilstuna task arsenic portion of a broader Skr2.5bn concern programme covering manufacturing capacities successful South Korea, Sweden, and the US.

By expanding accumulation capableness and flexibility wrong Europe, Volvo CE intends to respond much efficaciously to marketplace request portion reducing reliance connected distant proviso chains.

The institution besides expects the caller works to pb to shorter transportation times and little transport-related c emissions.

Volvo CE caput Melker Jernberg said: “This strategical concern successful the aboriginal of excavator accumulation successful Eskilstuna marks a caller epoch for america and the Swedish industry. It volition importantly lend to reinforcing Sweden's presumption arsenic a person successful precocious sustainable manufacturing.

“Bringing further high-value accumulation and utilising our cutting-edge exertion successful Eskilstuna, volition enactment section occupation creation, skills development, and a continued collaboration with Sweden’s beardown web of concern suppliers and probe partners.

“Furthermore, it volition fortify Europe’s innovation and engineering powerfulness and concern resilience successful an progressively competitory planetary market. To get afloat leverage, we besides number connected a beardown and swift execution connected Europe’s and Sweden’s promised docket connected regulatory and administrative simplification.”

Construction of the installation is taxable to support by regulatory authorities for biology and gathering permits.

If approved, groundwork astatine the tract could statesman during the archetypal fractional (H1) of 2026.

Production is acceptable to commencement wrong 2 years pursuing commencement of operation activities.

Jernberg added: “We are highly arrogant and excited to turn our manufacturing capabilities successful Sweden, our location market.

"Eskilstuna has been chosen arsenic the preferred tract for the caller mill pursuing a broad valuation of factors specified arsenic logistics advantages, disposable land, and the imaginable to present a implicit lawsuit acquisition supported by the site’s existing facilities and surroundings."

"Volvo CE plans caller crawler excavator works successful Sweden" was primitively created and published by World Construction Network, a GlobalData owned brand.