JCB and Volvo Construction Equipment have agreed to share duties in producing skid steer loaders and compact track loaders for distribution under their respective brands.
As part of the partnership deal, Volvo will adopt JCB's mono-boom design for both types of loaders, according to Karen Guinn, communications manager with JCB.
“Volvo customers will benefit from a wider range of models that maintain the high level of product safety and functionality that they expect,” says Volvo president Olof Persson.
In another deal, VT LeeBoy will supply certain models of road machinery, such as an upgraded RW100 road widener and PF150 paver, for Volvo's Blaw-Knox brand. The agreement would allow Volvo to focus more on high-volume paving, compaction and motor grader equipment.
Production is expected to begin within the next few months at the LeeBoy production facilities in Lincolnton, North Carolina.
LeeBoy president and CEO Kelly Majeskie says while those models of pavers and road wideners would not undergo a complete redesign, they would likely incorporate ideas from both companies.