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Six months ended June 30, 2010

Investment in Indian facility for production of excavators

As part of Volvo Construction Equipment’s (Volvo CE) objective of supporting customers in the growing BRIC (Brazil, Russia, India and China) markets, Volvo CE has announced a strategic investment in its existing facility in Bangalore, India. The investment, which totals around SEK 144 M, will allow Volvo CE to produce medium sized excavators at the plant. These machines will primarily be models for use on the Indian market. Production of the first machines is expected to start by the end of 2011.  
Volvo Construction Equipment
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