« Cummins Secures Large Engine Order From Beijing Public Transport | Main | Airbus Sets Target of 50% Cut in CO2 Emissions from New Aircraft By 2020 »

Volvo to Invest More Than US$242 Million in Volvo Powertrain

15 June 2007

Volvo’s Board of Directors has decided to invest slightly more than 1.7 billion kroner (US$242 million) in Volvo Powertrain to meet growing demand in Eastern Europe and Asia.

The investment will result in manufacturing capacity for heavy diesel engines increasing by 20% and capacity for heavy gearboxes increasing by 50%.

June 15, 2007 in Brief | Permalink | Comments (0) | TrackBack (0)

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/t/trackback/22062/19332010

Listed below are links to weblogs that reference Volvo to Invest More Than US$242 Million in Volvo Powertrain:

Comments

Post a comment
[Please keep comments on topic. Disagreement is fine, insults, abuse or wild diversions are not. Comments not meeting those standards will be deleted. Abuse of another commenter’s email address will result in the banning of the offender from this site. In an attempt to prevent the posting of insulting and abusive comments, this site maintains a list of prohibited words and phrases, which, unfortunately, grows with time. Including one of the prohibited words or phrases will flag the comment as "spam", and it will be blocked.]