June 10, 2025 — Volvo Construction Equipment (Volvo CE) is making a significant investment to expand production worldwide. For crawler excavators, three main sites will see approximately $261 million invested to expand crawler excavator production to meet growing customer demands, mitigate supply chain risks and reduce reliance on long-distance logistics. These sites include Shippensburg, Pennsylvania; Changwon, South Korea; and a location in Sweden.

BORDEAUX, France (June 10, 2025) — FAYAT Group has acquired a 100% stake in the Mecalac Group, which offers a wide range of compact construction equipment for urban worksites, including excavators, loaders, dumpers and backhoe loaders. The company has production units in France, Germany, the United Kingdom and Turkey.