# Volvo CE invests 350 million SEK in Arvika plant expansion

Volvo Construction Equipment announced a 350 million SEK investment in its Arvika, Sweden plant, the largest single investment in the factory's history. The investment will increase capacity, improve the work environment, and build a new paint shop, expected to be completed by 2027.

- Type: Investment
- Announced: 2024-05-31
- Where: Arvika, Sweden, Sweden
- Value: $33.0M (350.0M SEK)
- Starts operating: 2027
- Status: announced
- Products: wheel loaders, electric wheel loaders
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Volvo Construction Equipment](https://endata.com/companies/15315.md)

## Sources

- [evertiq.se](https://evertiq.se/news/45598), 2024-05-31: "Detta är den enskilt största investering som gjorts i fabrikens historia."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.