Volvo Construction Equipment will invest about $33 million over the next five years in its production facility in Braas, Sweden, which designs and manufactures articulated dump trucks.
The move will enable the site to produce a larger range of ADTs with different types of powertrain to reflect the shift in demand toward equipment with more sustainable power sources, according to the company.
Production capacity will be extended in order to broaden the product range. New buildings and production equipment will be added to the site, which currently covers approximately half a million square feet. The investment will include automation and ergonomics to reduce repetitive tasks and increase employee safety.
“The transport and construction industry is undergoing a transformation with, among other things, an increasing number of electrified vehicles,” says Jonas Lakhall, site manager, in a prepared statement. “This investment will enable us to adapt and extend our production facility so that we can offer a broader range of machines—with different powertrains—to our customers and help them meet their emission reduction ambitions.”
Source: Volvo Construction Equipment