Volvo to invest $100+ m
Speaking at the company's international press conference at Bauma China in Shanghai, Volvo Construction Equipment's President and Chief Executive Olof Persson highlighted a package of initiatives that is destined to expand the company's operations and increase its customer base in Asia. "Volvo is committed to supporting our capacity and product offering in China and throughout Asia," said Mr. Persson. "We will achieve this by a comprehensive programme of investments in our Asian industrial operations, a strengthening of our dealer network and an expansion of Volvo and SDLG branded products that are more closely tailored to the specific needs of customers.