Business Services Industry
Volvo Aero expands manufacturing agreement with General Electric Company
Nordic Business Report, Jan 20, 2006
NORDIC BUSINESS REPORT-20 January 2006-Volvo Aero expands manufacturing agreement with General Electric Company(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
Swedish trucks, buses, equipment and engines manufacturer Volvo Group said on Friday (20 January) that its aircraft and rocket engines unit Volvo Aero has expanded its components manufacturing agreement with General Electric Company.
The new agreement increase Volvo Aero's participation in the manufacture of General Electric's new GEnx engine, and is estimated to be worth an additional SEK6bn over a period of 30 years.
Related Results
Under a previous agreement Volvo Aero already manufactures low pressure booster spools, fan hub frames and turbine rear frames for the GEnx. Under the new agreement Volvo Aero will also design, manufacture and support fan modules and high pressure turbines.
The GEnx engine has been selected to power the Boeing 787 and 747-8 as well as the Airbus A350.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Most Recent Business Articles
- Psyadon Pharmaceuticals, Inc. Announces Regulatory Milestones and the Initiation of a Clinical Trial of Ecopipam in Lesch-Nyhan Disease
- Emergence of “Femtomedicine” - New Frontier of Biomed Sciences - Reported at First Global Congress on Nano Medicine
- Research and Markets: Ethiopia Power Market Outlook to 2020
- Research and Markets: Orphan Drugs in Asia-Pacific: from Designation to Pricing, Funding & Market Access
- Research and Markets: Now You See It - TV Program Sponsorship & Product Placement in China
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
- FHM Features Anna Benson, Baseball's Hottest Wife
- Building a DNA database: the federal government has just enacted two bills related to DNA. The first would drive the collection of DNA from all infants. The second would attempt to prevent the DNA that is collected from being misused
- America's most wanted j-o-b-s - 10 hottest employment opportunities
- Developmental sequence in small groups
Most Popular Business Publications
Content provided in partnership with
