VOLVO CE has announced a global investment in crawler excavator production at three key sites.
The manufacturer explained the move is designed to meet growing customer demands, mitigate supply chain risks through localised production, and reduce reliance on long-distance logistics.
The investment covers production facilities in South Korea, Sweden and North America. The total investment is approximately 2,500 MSEK with the largest share dedicated to the Changwon factory in South Korea.
By adding production capacity near key markets, Volvo CE said it will ensure shorter delivery times and tailored solutions for regional needs. It also aims to lower carbon emissions by minimising transportation distances.
“We understand the need to respond to growing demand and are excited to expand our facilities to serve customers better,” said Melker Jernberg, head of Volvo CE. “This investment underscores our commitment to quality, innovation and competence, allowing us to deliver even greater value. This expansion demonstrates our efforts to respond to customer demand by investing in our crawler excavator business closer to key markets and customers.”
The plan includes upgrading the Changwon site in South Korea to secure global volumes and capabilities in Asia. For the production of crawler excavators in Europe, Sweden has been selected, and the final decision regarding the location, scope, and timing will be made later this year. Additionally, an excavator assembly line will be installed in the existing factory in Shippensburg, USA to serve the North American market.
