Volvo Construction Equipment

Last updated
Volvo Construction Equipment
FormerlyVME Group
Company type Subsidiary of the Volvo Group
Industry Heavy equipment
Predecessors
  • Eskilstuna Mekaniska Verkstad
  • Munktells Mekaniska Verkstads Aktiebolag
  • AB Bolinder-Munktell
  • Volvo BM
Founded1832 (1832) in Eskilstuna, Sweden
Founders
  • Johan Theofron Munktell
  • Jean (Johan) Gerhard Bolinder
  • Carl Gerhard Bolinder
Headquarters Gothenburg, Sweden
Areas served
Worldwide
Key people
  • Melker Jernberg, (President)
Products
  • compactors
  • demolition equipment
  • dumpers
  • excavators
  • haulers
  • loaders
  • material transfer vehicles
  • milling equipment
  • motor graders
  • pavers
  • pipelayers
  • road wideners
  • tack distributors
  • waste handlers
Brands
RevenueDecrease2.svg 50.731 billion kr (2016) [1]
Increase2.svg 2.246 billion kr (2016) [1]
Number of employees
13,397 (2016) [1]
Parent Volvo
Subsidiaries
Website volvoce.com

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. It is a subsidiary and business of the Volvo Group.

Contents

Overview

Volvo CE's products include a range of wheel loaders, hydraulic excavators, articulated haulers, motor graders, soil and asphalt compactors, pavers, backhoe loaders, skid steers, and milling machines. Volvo CE has production facilities in the United States, Brazil, Scotland, Sweden, France, Germany, Poland, India, China, Russia, and South Korea.

Volvo CE sells machines under two brands: Volvo and SDLG.

History

Three men laid the foundation for Volvo Construction Equipment: Johan Theofron Munktell and two brothers Jean Bolinder and Carl Gerhard Bolinder. [2]

References

  1. 1 2 3 "Annual and Sustainability Report 2016" (PDF). Volvo. pp. 81, 92. Archived from the original (PDF) on 2017-07-02. Retrieved 2017-07-11.
  2. "Looking Back - Moving Forward" (PDF). Archived from the original (PDF) on 5 March 2016. Retrieved 5 October 2015.
  3. "Valmet Tractors". Tractor Data. Retrieved February 10, 2023.
  4. "Kerman EC Series - Volvo Construction Equipment" . Retrieved 2025-05-08.
  5. "Volvo CE sells Blaw-Knox pavers to Gencor". 2020-07-31. Retrieved 2020-08-10.
  6. Terex Agrees to Sell Truck Business to Volvo for $160 Million investorsterex.com December 09, 2013
  7. "Volvo CE takes on Terex trucks". 19 March 2020.
  8. Lambert, Fred (2020-12-17). "Volvo begins deliveries of its electric construction machinery". Electrek. Retrieved 2021-08-26.
  9. "Volvo drops Terex brand".
  10. "10 Largest Dump Trucks on Earth". April 2008.