Volvo CE invests SEK 2.5 billion in global excavator production expansion

Volvo Construction Equipment announced a strategic global investment of approximately SEK 2.5 billion to expand crawler excavator production at three facilities in Sweden, South Korea and North America. The largest portion goes to the Changwon plant in South Korea.

“The investment aims to strengthen Volvo CE's position and expand crawler excavator presence globally to meet growing customer demand.”swecon.se

• 3 sources
• swecon.seVolvo CE gör strategisk investering i sin bandgrävmaskinproduktion - öppnar fabrik i Sverige | Swecon Anläggningsmaskiner ABJun 10, 2025
• volvogroup.comVolvo Construction Equipment announces strategic investment in global crawler excavator productionJun 10, 2025
• yna.co.kr볼보건설기계그룹, 창원공장 등 글로벌 생산기지 3곳에 전략투자 | 연합뉴스홍규빈Jun 11, 2025

Summarized from public sources; check the original articles before acting on it.