# 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.

- Type: Investment
- Announced: 2025-06-10
- Where: Sweden, South Korea, North America, South Korea
- Value: $240.0M (2.50B SEK)
- Status: announced
- Products: crawler excavators
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [swecon.se](https://www.swecon.se/om-swecon/nyheter-press/pressnyheter/2025/volvo-construction-equipment-gor-strategisk-investering-i-global-bandgravmaskinproduktion/), 2025-06-10: "The investment aims to strengthen Volvo CE's position and expand crawler excavator presence globally to meet growing customer demand."
- [volvogroup.com](https://www.volvogroup.com/en/news-and-media/news/2025/jun/volvo-construction-equipment-announces-strategic-investment-in-global-crawler-excavator-production.html), 2025-06-10: "This investment underscores our commitment to quality, innovation and competence, allowing us to deliver even greater value."
- [yna.co.kr](https://www.yna.co.kr/view/AKR20250611073600003), 2025-06-11: "이번 생산기지 확장을 통해 고객에게 더 큰 가치를 제공할 수 있어 기쁘다"

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