Volvo excavators take on the world.(Manufacturer News)
Construction Equipment, December, 2003 by Stewart, Larry
Volvo Construction Equipment's president of Korean operations, Eric Nielson, told trade journalists gathered in Korea that the company had completed the "Volvo-ization" of the excavators and manufacturing plants the company bought from Samsung in 1998 for $500 million. The company has advanced its bid to become one of the top three players in the global construction-equipment market by bringing its excavator-assembly facility in Shanghai, China, online.
Nielson said the B Series excavators were the "first 100-percent Volvo excavators," although admitting that there are still some features of the original Samsung line.
[GRAPHIC OMITTED]
Volvo's Korean operations passed into profitability in 2000. By 2002, Volvo excavator sales had...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
