Volvo CE

Volvo CE is planning to build a new factory for crawler excavators at one of its Swedish sites (Braås, Arvika, Eskilstuna or Hallsberg) as part of a SEK 2.5 billion global investment to expand crawler excavator presence. A meeting with Växjö municipality is scheduled to discuss expansion in Braås.

Volvo CE announced a SEK 2.5 billion investment to produce crawler excavators in Sweden and North America, moving production from South Korea. The Arvika plant may build frames for the new excavators, with a decision expected in autumn 2025.

Lingong Group has signed an agreement to acquire 70% of the equity of Shandong Lingong Engineering Machinery Co., Ltd. held by Volvo CE through a newly established fund, gaining control and management rights.

Volvo CE inaugurated a 1,500 sq m expansion of its Arvika factory, built with a 65 million SEK investment in 2023, to support production of electric wheel loaders. The new facility will serve as a post-flow area for final production steps and test drives.