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Volvo Construction Equipment - Volvo CE - (originally Munktells, Bolinder-Munktell, Volvo BM) is a major international company which develops, manufactures, and markets equipment for construction and related industries.
In 1979, Volvo BM's agricultural equipment business was sold to Valmet. [16] Later, through restructuring and acquisitions, the remaining construction equipment business became Volvo Construction Equipment. [14] In the 1970s, Volvo started to move away from car manufacturing to concentrate more on heavy commercial vehicles.
Shandong Lingong Construction Machinery Co. is one of the most important manufacturers of construction machinery and mining equipment, diesel engines and industrial gas turbines in China, with equipment exports to Brazil, and some countries in Africa. [1] [2] SDLG is also a subsidiary of the Volvo brand. [3]
The following April, Clark formed a 50/50 joint venture with Volvo AB of Sweden, now known as Volvo Construction Equipment, to manufacture Volvo, Michigan and Euclid construction equipment under the name of VME Group NV. VME underwent several rather confusing reorganisation of its American and European operations, culminating in 1991 in the ...
In 1950 BM was bought by AB Volvo. In 1973 the company changed its name to Volvo BM AB and then in 1995 to Volvo Construction Equipment. The product range has changed with the times. Up to the beginning of the 20th century agricultural machines such as threshers were an important product.
Manufacturers include Volvo CE, Caterpillar, Terex, John Deere/Bell Equipment, [1] Moxy/Doosan, Astra and Komatsu Limited. [2] With half of the global sales, Volvo is the market leader in the segment, and is also the prime pioneer of the vehicle, enabling its introduction to the markets in 1966.
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