Article: CHINA: VOLVO CONSTRUCTION EQUIPMENT TO SET UP PRODUCTION FACILITY IN CHINA.(Brief Article)

Volvo Construction Equipment (Volvo CE) has announced that it has decided to establish a wholly owned subsidiary and facility in order to produce construction equipment in Shanghai, China. Volvo Construction Equipment (China) Co., Ltd, the new production facility, is scheduled to start operations in the spring of 2003. The new facility will initially be used to assemble crawler excavators. Volvo CE has stated that it will initially employ 150 people. Mr. Tony ...

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