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Overview

Volvo Construction Equipment (Volvo CE) is a major international company that develops, manufactures and markets equipment for construction and related industries. The company is one of the Volvo Group’s business areas, and Volvo CE is the world’s oldest company that is still active in the construction manufacturing industry. [1]

History

The origins

Volvo CE traces its origins to 1832, when Johan Theofron Munktell opened his engineering workshop – the Eskilstuna Mekaniska Verkstad – in Eskilstuna, Sweden. [2]

Munktell’s workshop was responsible for a number of Swedish engineering firsts, such as the country’s first steam locomotive, first harvester and first mechanical loom, as well as the movable dome of the Uppsala University Observatory. [3] [4] [5] [6] [7]

Meanwhile in Stockholm, the brothers Jean and Carl Gerhard Bolinder launched their company - Kungsholmens Gjuteri & Maskin Verkstad – in 1844. [8] [9] The Bolinder workshop participated in the design of the world’s first functional armed submarine in 1883, and in 1893 the Bolinders built Sweden’s first combustion engine. [10]

The 20th century

The first three decades of the 20th century marked important steps in the formation of what would become Volvo CE. In 1906, Munktells produced the company’s first construction machine – a steam roller, which was followed in 1913 by Sweden’s first farm tractor. [11]

In 1932, as a consequence of the Wall Street Crash of 1929 and the ensuing Great Depression, Bolinders and Munktells companies merged, and AB Bolinder-Munktell was born. [12]

In the 1930s and 40s, Bolinder-Munktell, became a major manufacturer of agricultural machines. [13] After a period of uncertainty, when the owner Handelsbanken decided to sell its shares in the company, Volvo acquired Bolinder-Munktell in 1950. [14]

Joining Volvo

The period following the acquisition by Volvo saw the production of two key machines in Volvo CE history: the wheel loader and the articulated hauler.

First came the wheel loader, when in 1954 Bolinder-Munktell and Bröderna Lundbergs Mekaniska launched the H10 back-end loader: “They had simply turned an ordinary tractor back-to-front, and placing the loader unit over the bigger wheels created possibilities for heavier loads and higher breakout forces. The ground wheels for steering at the rear also made the machine very easy to operate.” [15]

As the 1950s were drawing to a close, Braås-based engineering company Livab was working on a new concept that combined hauler trailers and tractors, but the model had several significant problems. The front wheel of the tractor part slid too easily in the snow, so Livab began experimenting with the idea of a tractor without front wheels, with steering and drive on the load unit’s wheels. In 1965 Livab signed a cooperative agreement with Bolinder-Munktell, and in 1966, DR 631, the world’s first series-manufactured articulated hauler with all-wheel drive was introduced. [16]

In 1973 Bolinder-Munktell changed its name to Volvo BM, and the company began to concentrate on construction equipment, abandoning its forestry and agricultural lines. [17] In 1985 Volvo BM joined forces with two American manufacturers Clark Michigan and its subsidiary Euclid to form the VME Group. The 1990s saw a period of expansion, as the VME Group acquired Germany’s Zettlmeyer Baumaschinen GmbH (known for its compact loaders) and Sweden’s Åkermans Verkstad AB (which had been manufacturing excavators since 1939). [18]

In 1995 Volvo purchased Clark’s shares in VME and established Volvo Construction Equipment. [19]

New acquisitions

The same year saw the acquisition of the French company Pel-Job, which was followed two years later in 1997 by the Canadian motor grader company Champion. [20]

In 1998 Volvo CE became the first foreign company ever to invest in South Korea, when Volvo CE acquired the surfacing machine division of Samsung Heavy Industries. [21] [22]

In 2007, Volvo CE acquired 70% of Shandong Lingong Construction Machinery Co. Ltd, and the company also finalized the acquisition of Ingersoll Rand’s road construction machines division. [23] In 2014 Volvo CE acquired Terex Trucks.

Acquisitions

Year Acquisition
1960 Arvika-Thermaenius AB Arvikaverken
1982 AB Kockum Landsverk
1990 Zettelmeyer Baumaschinen GmbH
1991 Åkermans Gjuteri och Mekaniska Verkstad
1995 Volvo Construction Equipment is born
1995 Pel-Job
1997 Champion Road Machinery
1998 Samsung CE
2007 Chinese Lingong Construction Machinery
2007 Ingersoll Rand road construction
2014 Terex Trucks [24]

Product Range

Volvo CE markets its products under three brands: Volvo, Terex and SDLG. Volvo CE manufactures Volvo-branded crawler, wheeled and compact excavators; rigid haulers [25] and articulated haulers; large, compact, skid steer wheel loaders and compact track loaders; demolition equipment; asphalt pavers and compactors; soil compactors; pipelayers; and forestry equipment. [26]

  • Volvo CE
  • Terex Trucks

Terex Trucks specializes in the production of articulated haulers. [27] [28]

  • SDLG

SDLG (Shandong Lingong Construction Machinery Co. Ltd) produces wheel loaders, excavators, road rollers, graders as well as backhoe loaders. [29]

Operations

Locations

As of August 2017 Volvo CE’s headquarters are located in Gothenburg, Sweden. Previously, Volvo Construction Equipment’s global headquarters were based in Brussels, Belgium. [30] The company is currently present in 145 countries with 212 dealers in more than 1,500 locations.

Volvo CE has factories in Sweden, France, Germany, the United States, Brazil, India, China and South Korea, and has more than 14,000 employees from 85 different nationalities as of December 2018. [31]

Financial information and market segments

In 2017 financial year net sales for the company reached SEK 66,497 million, and Volvo CE’s operating income in the same year was SEK 7,917 million. [32] [33] [34]

Volvo CE markets machines and services for the following segments: Building, Heavy Infrastructure, Road Construction, Quarries & Aggregates, Mining, Agriculture & Landscaping, Recycling & Waste, Utilities, Material Handling, Forestry, Oil & Gas, and Demolition. [35]

Management

As of 1 January 2018, the President of Volvo CE is Melker Jernberg, who leads the company’s Executive Management Team (EMT). [36] Members of the EMT are: [37]

  • Melker Jernberg, President
  • Tomas Kuta, Senior Vice President of Sales
  • Jean Marc des Courieres, Senior Vice President of Operations
  • Thomas Bitter, Senior Vice President of Marketing & Product Portfolio
  • Philippe Henriette, Senior Vice President of Finance, Process & IT
  • Edvard Carleson, Senior Vice President & General Counsel
  • Bill Law, Senior Vice President of Corporate Communications and Public Affairs

Research Projects and Prototypes

Volvo CE announced in January 2019 that by mid-2020 it will start the launch of an electric range of Volvo branded compact wheel loaders (L20 to L28) and compact excavators (EC15 to EC27) – making it the first construction equipment manufacturer to commit to an electric future. [38]

It followed the development of six different construction machine concepts: the EX1 dual-powered, cable-connected excavator, the EX2 100% electric excavator, the LX1 electric hybrid wheel loader, the LX2 electric compact wheel loader and the HX1 and HX2 autonomous, battery electric, load carriers. [39] [40]

Volvo CE and its customer Skanska launched a study to create the world’s first ‘emission-free’ quarry in November 2018. The viability of the research project was tested over 10 weeks at Skanska’s Vikan Kross quarry, near Gothenburg, Sweden. The results showed a 98% reduction in carbon emissions, a 70% reduction in energy cost and a 40% reduction in operator cost. The Electric Site project is a big step towards helping Volvo CE achieve its future vision where work sites are ten times more efficient, with zero accidents, zero unplanned stops and zero emissions. Together, these results support the potential for a 25% reduction in total cost of operations. [41] [42]

The Electric Site and the prototype machines are purely part of a research project. The machines are not available for purchase and Volvo CE has no plans for industrialization at this stage.

Environmental Commitments

As part of the company’s Corporate Social Responsibility commitments, Volvo CE is involved in a series of environmental initiatives. Since 2012, Volvo CE has been a member of the World Wide Fund for Nature (WWF) Climate Savers program. [43] [44]

Volvo CE also hosts the Construction Climate Challenge (CCC), to promote sustainability throughout the entire construction industry and provide funding for environmental research. [45]

References

  1. ^ "This is Volvo CE". Volvo CE.
  2. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 3.
  3. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 3.
  4. ^ "Maskinernas mästare byggde hel industri". Ny Teknik.
  5. ^ "Theofron Munktell". Företagskällan.
  6. ^ "J Theofron Munktell". Sok.Riksarkivet.
  7. ^ Svenskt biografiskt lexikon (art av Elsa-Britta Grage).
  8. ^ Svenskt biografiskt lexikon (art av Elsa-Britta Grage). p. 4.
  9. ^ "Carl Gerhard Bolinder". Företagskällan.
  10. ^ Svenskt biografiskt lexikon (art av Elsa-Britta Grage). p. 5.
  11. ^ "Carl Gerhard Bolinder". Företagskällan.
  12. ^ "Theofron Munktell". Företagskällan.
  13. ^ Volvo Construction Equipment: The Story. p. 2.
  14. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 6.
  15. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 7.
  16. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 7.
  17. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 8.
  18. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 8.
  19. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 8.
  20. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 8.
  21. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 9.
  22. ^ "Volvo-Samsung". nrc.nl.
  23. ^ "Volvo-Samsung". nrc.nl.
  24. ^ "Our History". Volvo CE.
  25. ^ "Volvo CE Now Offering Rigid Truck Range". World Highways.
  26. ^ "Our Offer". Volvo CE.
  27. ^ "Terex Trucks: "Business as usual, but with added muscle" after sale to Volvo CE". Equipment World.
  28. ^ "About us". Terex Trucks.
  29. ^ "Products". SDLG.
  30. ^ "Volvo says CE headquarters to move to Sweden". Reuters.
  31. ^ "Facts and figures". Volvo CE.
  32. ^ "Volvo Group – the fourth quarter and full year 2017". Volvo Group.
  33. ^ "Volvo CE looks strong on healthy orders". World Highways.
  34. ^ "Volvo CE sales up 28% in Q4 2017". Agg-net.
  35. ^ "Facts and figures". Volvo CE.
  36. ^ "Melker Jernberg New Volvo Construction President". Construction Equipment.
  37. ^ "Organization and management". Volvo CE.
  38. ^ "Volvo to Launch Range of Electric Compact Loaders and Excavators in 2020". For Construction Pros.
  39. ^ "Volvo unveils the EX2: First fully electric compact excavator prototype is faster, quieter". Equipment World.
  40. ^ "Volvo CE unveils futuristic equipment prototypes". Construction Week.
  41. ^ "Volvo Trials Electric Construction Vehicles at Skanska quarry". Forbes.
  42. ^ "Together In Electric Dreams: How Carbon Emissions Have Been Slashed At Quarry". Forbes.
  43. ^ "Volvo pushes ahead with sustainability initiative". Construction Week.
  44. ^ "Volvo Partners with Worldwide Fund for Nature's (WWF) Climate Savers program". The Economic Times.
  45. ^ "Volvo pushes ahead with sustainability initiative". Construction Week.

SE10 (talk) 09:42, 22 January 2019 (UTC)[reply]

Reply 22-JAN-2019

[edit]

  Edit request declined  

Regards,  Spintendo  17:16, 22 January 2019 (UTC)[reply]

COI edit request for Volvo Construction Equipment

[edit]


Overview

Volvo Construction Equipment (Volvo CE) is a major international company that develops, manufactures and markets equipment for construction and related industries. The company is one of the Volvo Group’s business areas, and Volvo CE is the world’s oldest company that is still active in the construction manufacturing industry. [1]

History

The origins

Volvo CE traces its origins to 1832, when Johan Theofron Munktell opened his engineering workshop – the Eskilstuna Mekaniska Verkstad – in Eskilstuna, Sweden. [2]

Munktell’s workshop was responsible for a number of Swedish engineering firsts, such as the country’s first steam locomotive, first harvester and first mechanical loom, as well as the movable dome of the Uppsala University Observatory. [3] [4] [5] [6] [7]

Meanwhile in Stockholm, the brothers Jean and Carl Gerhard Bolinder launched their company - Kungsholmens Gjuteri & Maskin Verkstad – in 1844. [8] [9] The Bolinder workshop participated in the design of the world’s first functional armed submarine in 1883, and in 1893 the Bolinders built Sweden’s first combustion engine. [10]

The 20th century

The first three decades of the 20th century marked important steps in the formation of what would become Volvo CE. In 1906, Munktells produced the company’s first construction machine – a steam roller, which was followed in 1913 by Sweden’s first farm tractor. [11]

In 1932, as a consequence of the Wall Street Crash of 1929 and the ensuing Great Depression, Bolinders and Munktells companies merged, and AB Bolinder-Munktell was born. [12]

In the 1930s and 40s, Bolinder-Munktell, became a major manufacturer of agricultural machines. [13] After a period of uncertainty, when the owner Handelsbanken decided to sell its shares in the company, Volvo acquired Bolinder-Munktell in 1950. [14]

Joining Volvo

The period following the acquisition by Volvo saw the production of two key machines in Volvo CE history: the wheel loader and the articulated hauler.

First came the wheel loader, when in 1954 Bolinder-Munktell and Bröderna Lundbergs Mekaniska launched the H10 back-end loader: “They had simply turned an ordinary tractor back-to-front, and placing the loader unit over the bigger wheels created possibilities for heavier loads and higher breakout forces. The ground wheels for steering at the rear also made the machine very easy to operate.” [15]

As the 1950s were drawing to a close, Braås-based engineering company Livab was working on a new concept that combined hauler trailers and tractors, but the model had several significant problems. The front wheel of the tractor part slid too easily in the snow, so Livab began experimenting with the idea of a tractor without front wheels, with steering and drive on the load unit’s wheels. In 1965 Livab signed a cooperative agreement with Bolinder-Munktell, and in 1966, DR 631, the world’s first series-manufactured articulated hauler with all-wheel drive was introduced. [16]

In 1973 Bolinder-Munktell changed its name to Volvo BM, and the company began to concentrate on construction equipment, abandoning its forestry and agricultural lines. [17] In 1985 Volvo BM joined forces with two American manufacturers Clark Michigan and its subsidiary Euclid to form the VME Group. The 1990s saw a period of expansion, as the VME Group acquired Germany’s Zettlmeyer Baumaschinen GmbH (known for its compact loaders) and Sweden’s Åkermans Verkstad AB (which had been manufacturing excavators since 1939). [18]

In 1995 Volvo purchased Clark’s shares in VME and established Volvo Construction Equipment. [19]

New acquisitions

The same year saw the acquisition of the French company Pel-Job, which was followed two years later in 1997 by the Canadian motor grader company Champion. [20]

In 1998 Volvo CE became the first foreign company ever to invest in South Korea, when Volvo CE acquired the surfacing machine division of Samsung Heavy Industries. [21] [22]

In 2007, Volvo CE acquired 70% of Shandong Lingong Construction Machinery Co. Ltd, and the company also finalized the acquisition of Ingersoll Rand’s road construction machines division. [23] In 2014 Volvo CE acquired Terex Trucks.

Acquisitions

Year Acquisition
1960 Arvika-Thermaenius AB Arvikaverken
1982 AB Kockum Landsverk
1990 Zettelmeyer Baumaschinen GmbH
1991 Åkermans Gjuteri och Mekaniska Verkstad
1995 Volvo Construction Equipment is born
1995 Pel-Job
1997 Champion Road Machinery
1998 Samsung CE
2007 Chinese Lingong Construction Machinery
2007 Ingersoll Rand road construction
2014 Terex Trucks [24]

Product Range

Volvo CE markets its products under three brands: Volvo, Terex and SDLG. Volvo CE manufactures Volvo-branded crawler, wheeled and compact excavators; rigid haulers [25] and articulated haulers; large, compact, skid steer wheel loaders and compact track loaders; demolition equipment; asphalt pavers and compactors; soil compactors; pipelayers; and forestry equipment. [26]

  • Volvo CE
  • Terex Trucks

Terex Trucks specializes in the production of articulated haulers. [27] [28]

  • SDLG

SDLG (Shandong Lingong Construction Machinery Co. Ltd) produces wheel loaders, excavators, road rollers, graders as well as backhoe loaders. [29]

Operations

Locations As of August 2017 Volvo CE’s headquarters are located in Gothenburg, Sweden. Previously, Volvo Construction Equipment’s global headquarters were based in Brussels, Belgium. [30] The company is currently present in 145 countries with 212 dealers in more than 1,500 locations.

Volvo CE has factories in Sweden, France, Germany, the United States, Brazil, India, China and South Korea, and has more than 14,000 employees from 85 different nationalities as of December 2018. [31]

Financial information and market segments

In 2017 financial year net sales for the company reached SEK 66,497 million, and Volvo CE’s operating income in the same year was SEK 7,917 million. [32] [33] [34]

Volvo CE markets machines and services for the following segments: Building, Heavy Infrastructure, Road Construction, Quarries & Aggregates, Mining, Agriculture & Landscaping, Recycling & Waste, Utilities, Material Handling, Forestry, Oil & Gas, and Demolition. [35]

Management

As of 1 January 2018, the President of Volvo CE is Melker Jernberg, who leads the company’s Executive Management Team (EMT). [36] Members of the EMT are: [37]

  • Melker Jernberg, President
  • Tomas Kuta, Senior Vice President of Sales
  • Jean Marc des Courieres, Senior Vice President of Operations
  • Thomas Bitter, Senior Vice President of Marketing & Product Portfolio
  • Philippe Henriette, Senior Vice President of Finance, Process & IT
  • Edvard Carleson, Senior Vice President & General Counsel
  • Bill Law, Senior Vice President of Corporate Communications and Public Affairs

Research Projects and Prototypes

Volvo CE announced in January 2019 that by mid-2020 it will start the launch of an electric range of Volvo branded compact wheel loaders (L20 to L28) and compact excavators (EC15 to EC27) – making it the first construction equipment manufacturer to commit to an electric future. [38]

It followed the development of six different construction machine concepts: the EX1 dual-powered, cable-connected excavator, the EX2 100% electric excavator, the LX1 electric hybrid wheel loader, the LX2 electric compact wheel loader and the HX1 and HX2 autonomous, battery electric, load carriers. [39] [40]

Volvo CE and its customer Skanska launched a groundbreaking study to create the world’s first ‘emission-free’ quarry in November 2018. The viability of the research project was tested over 10 weeks at Skanska’s Vikan Kross quarry, near Gothenburg, Sweden. The results showed a 98% reduction in carbon emissions, a 70% reduction in energy cost and a 40% reduction in operator cost. The Electric Site project is a big step towards helping Volvo CE achieve its future vision where work sites are ten times more efficient, with zero accidents, zero unplanned stops and zero emissions. Together, these results support the potential for a 25% reduction in total cost of operations. [41] [42]

The Electric Site and the prototype machines are purely part of a research project. The machines are not available for purchase and Volvo CE has no plans for industrialization at this stage.

Environmental Commitments

As part of the company’s Corporate Social Responsibility commitments, Volvo CE is involved in a series of environmental initiatives. Since 2012, Volvo CE has been a member of the World Wide Fund for Nature (WWF) Climate Savers program. [43] [44]

Volvo CE also hosts the Construction Climate Challenge (CCC), to promote sustainability throughout the entire construction industry and provide funding for environmental research. [45]

References

  1. ^ "This is Volvo CE". Volvo CE.
  2. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 3.
  3. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 3.
  4. ^ "Maskinernas mästare byggde hel industri". Ny Teknik.
  5. ^ "Theofron Munktell". Företagskällan.
  6. ^ "J Theofron Munktell". Sok.Riksarkivet.
  7. ^ Svenskt biografiskt lexikon (art av Elsa-Britta Grage).
  8. ^ Svenskt biografiskt lexikon (art av Elsa-Britta Grage). p. 4.
  9. ^ "Carl Gerhard Bolinder". Företagskällan.
  10. ^ Svenskt biografiskt lexikon (art av Elsa-Britta Grage). p. 5.
  11. ^ "Carl Gerhard Bolinder". Företagskällan.
  12. ^ "Theofron Munktell". Företagskällan.
  13. ^ Volvo Construction Equipment: The Story. p. 2.
  14. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 6.
  15. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 7.
  16. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 7.
  17. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 8.
  18. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 8.
  19. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 8.
  20. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 8.
  21. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 9.
  22. ^ "Volvo-Samsung". nrc.nl.
  23. ^ "Volvo-Samsung". nrc.nl.
  24. ^ "Our History". Volvo CE.
  25. ^ "Volvo CE Now Offering Rigid Truck Range". World Highways.
  26. ^ "Our Offer". Volvo CE.
  27. ^ "Terex Trucks: "Business as usual, but with added muscle" after sale to Volvo CE". Equipment World.
  28. ^ "About us". Terex Trucks.
  29. ^ "Products". SDLG.
  30. ^ "Volvo says CE headquarters to move to Sweden". Reuters.
  31. ^ "Facts and figures". Volvo CE.
  32. ^ "Volvo Group – the fourth quarter and full year 2017". Volvo Group.
  33. ^ "Volvo CE looks strong on healthy orders". World Highways.
  34. ^ "Volvo CE sales up 28% in Q4 2017". Agg-net.
  35. ^ "Facts and figures". Volvo CE.
  36. ^ "Melker Jernberg New Volvo Construction President". Construction Equipment.
  37. ^ "Organization and management". Volvo CE.
  38. ^ "Volvo to Launch Range of Electric Compact Loaders and Excavators in 2020". For Construction Pros.
  39. ^ "Volvo unveils the EX2: First fully electric compact excavator prototype is faster, quieter". Equipment World.
  40. ^ "Volvo CE unveils futuristic equipment prototypes". Construction Week.
  41. ^ "Volvo Trials Electric Construction Vehicles at Skanska quarry". Forbes.
  42. ^ "Together In Electric Dreams: How Carbon Emissions Have Been Slashed At Quarry". Forbes.
  43. ^ "Volvo pushes ahead with sustainability initiative". Construction Week.
  44. ^ "Volvo Partners with Worldwide Fund for Nature's (WWF) Climate Savers program". The Economic Times.
  45. ^ "Volvo pushes ahead with sustainability initiative". Construction Week.

SE10 (talk) 17:43, 21 February 2019 (UTC)[reply]

Reply 21-FEB-2019

[edit]

  Edit request declined  

  1. Large portions of the edit request are referenced either by the company itself or by sources connected to the construction equipments industry. These references utilize promotional language and phrasing which is not approriate for a Wikipedia article. To counter this, please provide references to reliable, WP:SECONDARY sources which are unconnected to either Volvo or the construction equipments industry. See also WP:NPOV.
  2. The disclosure states "I represent a PR agency that works with Volvo Construction Equipment." As this agency is your employer — and not Volvo — please place that information under the |employer= parameter as a separate entry from the |client=Volvo Construction Equipment parameter's entry.

Regards,  Spintendo  05:36, 22 February 2019 (UTC)[reply]

Updated whole edit request for Volvo Construction Equipment wikipedia page

[edit]
Extended content

Overview

Volvo Construction Equipment (Volvo CE) is a major international company that develops, manufactures and markets equipment for construction and related industries. The company is one of the Volvo Group’s business areas, and Volvo CE is the world’s oldest company that is still active in the construction manufacturing industry. [1]

History

The origins

Volvo CE traces its origins to 1832, when Johan Theofron Munktell opened his engineering workshop – the Eskilstuna Mekaniska Verkstad – in Eskilstuna, Sweden. [2] [3]

Munktell’s workshop was responsible for a number of Swedish engineering firsts, such as the country’s first steam locomotive, first harvester and first mechanical loom, as well as the movable dome of the Uppsala University Observatory. [4] [5] [6] [7] [8]

Meanwhile in Stockholm, the brothers Jean and Carl Gerhard Bolinder launched their company - Kungsholmens Gjuteri & Maskin Verkstad – in 1844. [9] [10] The Bolinder workshop participated in the design of the world’s first functional armed submarine in 1883, and in 1893 the Bolinders built Sweden’s first combustion engine. [11]

The 20th century

The first three decades of the 20th century marked important steps in the formation of what would become Volvo CE. In 1906, Munktells produced the company’s first construction machine – a steam roller, which was followed in 1913 by Sweden’s first farm tractor. [12]

In 1932, as a consequence of the Wall Street Crash of 1929 and the ensuing Great Depression, Bolinders and Munktells companies merged, and AB Bolinder-Munktell was born. [13]

In the 1930s and 40s, Bolinder-Munktell, became a major manufacturer of agricultural machines. [14] After a period of uncertainty, when the owner Handelsbanken decided to sell its shares in the company, Volvo acquired Bolinder-Munktell in 1950. [15] [16]

Joining Volvo

The period following the acquisition by Volvo saw the production of two key machines in Volvo CE history: the wheel loader and the articulated hauler.

First came the wheel loader, when in 1954 Bolinder-Munktell and Bröderna Lundbergs Mekaniska launched the H10 back-end loader by “turning an ordinary tractor back-to-front”. [17]

As the 1950s were drawing to a close, Braås-based engineering company Livab was working on a new concept that combined hauler trailers and tractors, but the model had several significant problems. The front wheel of the tractor part slid too easily in the snow, so Livab began experimenting with the idea of a tractor without front wheels, with steering and drive on the load unit’s wheels. In 1965 Livab signed a cooperative agreement with Bolinder-Munktell, and in 1966, DR 631, the world’s first series-manufactured articulated hauler with all-wheel drive was introduced. [18]

In 1973 Bolinder-Munktell changed its name to Volvo BM, and the company began to concentrate on construction equipment, abandoning its forestry and agricultural lines. [19] In 1985 Volvo BM joined forces with two American manufacturers Clark Michigan and its subsidiary Euclid to form the VME Group. The 1990s saw a period of expansion, as the VME Group acquired Germany’s Zettlmeyer Baumaschinen GmbH (known for its compact loaders) and Sweden’s Åkermans Verkstad AB (which had been manufacturing excavators since 1939). [20]

In 1995 Volvo purchased Clark’s shares in VME and established Volvo Construction Equipment. [21]

New acquisitions

The same year saw the acquisition of the French company Pel-Job, which was followed two years later in 1997 by the Canadian motor grader company Champion. [22]

In 1998 Volvo CE became the first foreign company ever to invest in South Korea, when Volvo CE acquired the surfacing machine division of Samsung Heavy Industries. [23]

In 2007, Volvo CE acquired 70% of Shandong Lingong Construction Machinery Co. Ltd, and the company also finalized the acquisition of Ingersoll Rand’s road construction machines division. [24] In 2014 Volvo CE acquired Terex Trucks.

Acquisitions

Year Acquisition
1960 Arvika-Thermaenius AB Arvikaverken
1982 AB Kockum Landsverk
1990 Zettelmeyer Baumaschinen GmbH
1991 Åkermans Gjuteri och Mekaniska Verkstad
1995 Volvo Construction Equipment is born
1995 Pel-Job
1997 Champion Road Machinery
1998 Samsung CE
2007 Chinese Lingong Construction Machinery
2007 Ingersoll Rand road construction
2014 Terex Trucks

Product Range

Volvo CE markets its products under three brands: Volvo, Terex and SDLG. Volvo CE manufactures Volvo-branded crawler, wheeled and compact excavators; rigid haulers and articulated haulers; large, compact, skid steer wheel loaders and compact track loaders; demolition equipment; asphalt pavers and compactors; soil compactors; pipelayers; and forestry equipment.


Operations

Locations

As of August 2017, Volvo CE’s headquarters are located in Gothenburg, Sweden. Previously, Volvo Construction Equipment’s global headquarters were based in Brussels, Belgium. [25] The company is currently present in 145 countries with 212 dealers in more than 1,500 locations.

Volvo CE has factories in Sweden, France, Germany, the United States, Brazil, India, China and South Korea, and has more than 14,000 employees from 85 different nationalities as of December 2018. [26]

Financial information and market segments In 2018 financial year net sales for the company reached SEK 84,531 million, and Volvo CE’s operating income in the same year was SEK 11,306 million. [27] [28]

Volvo CE markets machines and services for the following segments: Building, Heavy Infrastructure, Road Construction, Quarries & Aggregates, Mining, Agriculture & Landscaping, Recycling & Waste, Utilities, Material Handling, Forestry, Oil & Gas, and Demolition. [29]

Management

As of 1 January 2018, the President of Volvo CE is Melker Jernberg, who leads the company’s Executive Management Team (EMT). [30] Members of the EMT are:

  • Melker Jernberg, President
  • Tomas Kuta, Senior Vice President of Sales
  • Jean Marc des Courieres, Senior Vice President of Operations
  • Thomas Bitter, Senior Vice President of Technology
  • Philippe Henriette, Senior Vice President of Finance, Process & IT
  • Peter Jordansson, Senior Vice President of Purchasing & Supplier Management
  • Edvard Carleson, Senior Vice President & General Counsel
  • Bill Law, Senior Vice President of Corporate Communications and Public Affairs

Research Projects and Prototypes

Volvo CE announced in January 2019 that by mid-2020 it will start the launch of an electric range of Volvo branded compact wheel loaders (L20 to L28) and compact excavators (EC15 to EC27) – making it the first construction equipment manufacturer to commit to an electric future. [31]

It followed the development of six different construction machine concepts: the EX1 dual-powered, cable-connected excavator, the EX2 100% electric excavator, the LX1 electric hybrid wheel loader, the LX2 electric compact wheel loader and the HX1 and HX2 autonomous, battery electric, load carriers. [32] Volvo CE and its customer Skanska launched a groundbreaking study to create the world’s first ‘emission-free’ quarry in November 2018. The viability of the research project was tested over 10 weeks at Skanska’s Vikan Kross quarry, near Gothenburg, Sweden. The results showed a 98% reduction in carbon emissions, a 70% reduction in energy cost and a 40% reduction in operator cost. The Electric Site project is a big step towards helping Volvo CE achieve its future vision where work sites are ten times more efficient, with zero accidents, zero unplanned stops and zero emissions. Together, these results support the potential for a 25% reduction in total cost of operations. [33] [34]

The Electric Site and the prototype machines are purely part of a research project. The machines are not available for purchase and Volvo CE has no plans for industrialization at this stage.

Environmental Commitments

As part of the company’s Corporate Social Responsibility commitments, Volvo CE is involved in a series of environmental initiatives. Since 2012, Volvo CE has been a member of the World Wide Fund for Nature (WWF) Climate Savers program. [35]

Volvo CE also hosts the Construction Climate Challenge (CCC), to promote sustainability throughout the entire construction industry and provide funding for environmental research.

References

  1. ^ "Volvo in $1.3bn road-building buy". BBC News.
  2. ^ "Company Overview of Volvo Construction Equipment AB". Bloomberg.
  3. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 3.
  4. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 3.
  5. ^ "Maskinernas mästare byggde hel industri". Ny Teknik.
  6. ^ "Theofron Munktell". Företagskällan.
  7. ^ "J Theofron Munktell". Sok.Riksarkivet.
  8. ^ Svenskt biografiskt lexikon (art av Elsa-Britta Grage).
  9. ^ Svenskt biografiskt lexikon (art av Elsa-Britta Grage). p. 4.
  10. ^ "Carl Gerhard Bolinder". Företagskällan.
  11. ^ Svenskt biografiskt lexikon (art av Elsa-Britta Grage). p. 5.
  12. ^ "Carl Gerhard Bolinder". Företagskällan.
  13. ^ "Theofron Munktell". Företagskällan.
  14. ^ "/Bolinder-Munktell". Wikipedia.
  15. ^ "/Bolinder-Munktell". Wikipedia.
  16. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 6.
  17. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 7.
  18. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 7.
  19. ^ "/Bolinder-Munktell". Wikipedia.
  20. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 8.
  21. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 8.
  22. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 8.
  23. ^ "Volvo Unit Completes Agreement To Buy Samsung Heavy Division". Wall Street Journal.
  24. ^ "Volvo Busy Ingersoll-Rand Unit". Forbes.
  25. ^ "Volvo says CE headquarters to move to Sweden". Reuters.
  26. ^ "Volvo Construction Equipment and Trimble Announce Integrated Trimble Earthworks Grade Control Platform for Volvo Dig Assist". Bloomberg.
  27. ^ "Volvo Group Q1 Profit Climbs". Markets Business Insider.
  28. ^ "Volvo AB (VOLVb.ST)". Reuters.
  29. ^ "Company Overview of Volvo Construction Equipment AB". Bloomberg.
  30. ^ "Melker Jernberg, President, Volvo Construction Equipment". Bloomberg.
  31. ^ "Volvo Construction Equipment goes Electric on Smaller Machines". PR Newswire.
  32. ^ "Together In Electric Dreams: How Carbon Emissions Have Been Slashed At Quarry". Forbes.
  33. ^ "Volvo Trials Electric Construction Vehicles at Skanska quarry". Forbes.
  34. ^ "Together In Electric Dreams: How Carbon Emissions Have Been Slashed At Quarry". Forbes.
  35. ^ "Volvo Partners with Worldwide Fund for Nature's (WWF) Climate Savers program". The Economic Times.

SE10 (talk) 16:33, 6 June 2019 (UTC)[reply]

Reply 07-JUN-2019

[edit]

  Edit request declined  

Regards,  Spintendo  06:40, 7 June 2019 (UTC)[reply]

Amended edit request

[edit]
Extended content
Overview

Volvo Construction Equipment (Volvo CE) is one of the major global manufacturers and marketers of equipment for construction and related industries. The company is part of the Volvo Group and the world’s oldest construction manufacturing business still in operation. [1]

History
The origins

Volvo CE traces its origins to 1832 when Johan Theofron Munktell opened his engineering workshop – the Eskilstuna Mekaniska Verkstad – in Eskilstuna, Sweden. [2] [3]

Munktell’s workshop designed and built Sweden’s first steam locomotive, harvester and mechanical loom, as well as the movable dome of the Uppsala University Observatory. [4] [5] [6] [7] [8]

In 1844, the brothers Jean and Carl Gerhard Bolinder launched their company - Kungsholmens Gjuteri & Maskin Verkstad – in Stockholm.[9] [10] In 1883 the brother’s workshop aided the design of the world’s first functional armed submarine in 1883, and in 1893 the Bolinders built Sweden’s first combustion engine.[11]

The 20th century

The first three decades of the 20th century marked important steps in the formation of what would become Volvo CE. In 1906, Munktells produced the company’s first construction machine – a steam roller, which was followed in 1913 by Sweden’s first farm tractor. [12]

In 1932, as a consequence of the Wall Street Crash of 1929 and the ensuing Great Depression, Bolinders and Munktells companies merged, and AB Bolinder-Munktell was born. [13]

In the 1930s and 40s, Bolinder-Munktell, became a major manufacturer of agricultural machines. [14] After a period of uncertainty, when the owner Handelsbanken decided to sell its shares in the company, Volvo acquired Bolinder-Munktell in 1950. [15] [16]

Joining Volvo

After the acquisition by Volvo, the company oversaw the production of two new machines: the wheel loader and the articulated hauler – both of which have become a key part of the Volvo CE equipment range. First came the wheel loader, when in 1954 Bolinder-Munktell and Bröderna Lundbergs Mekaniska launched the H10 back-end loader by “turning an ordinary tractor back-to-front”. [17]

The end of the 1950s marked a new dawn for Braås-based engineering company Livab. The company had been working on combined hauler trailers and tractors, but the new concept had several significant problems. The front wheel of the tractor part slid too easily in the snow, so Livab began experimenting with the idea of a tractor without front wheels, with steering and drive on the load unit’s wheels. In 1965 Livab signed a cooperative agreement with Bolinder-Munktell, and in 1966, DR 631, the world’s first series-manufactured articulated hauler with all-wheel drive was introduced. [18]

In 1973 Bolinder-Munktell changed its name to Volvo BM, and the company abandoned its forestry and agricultural lines to focus solely on construction equipment. [19] In 1985 Volvo BM collaborated with two American manufacturers Clark Michigan and its subsidiary, Euclid, to form the VME Group. The 1990s saw a period of expansion, as the VME Group acquired Germany’s Zettlmeyer Baumaschinen GmbH (known for its compact loaders) and Sweden’s Åkermans Verkstad AB (which had been manufacturing excavators since 1939). [20]

In 1995 Volvo bought Clark’s shares in VME and established Volvo Construction Equipment. [21]

New acquisitions

The same year saw the acquisition of the French company Pel-Job, which was followed two years later in 1997 by the Canadian motor grader company Champion. [22]

In 1998 Volvo CE, acquired the surfacing machine division of Samsung Heavy Industries – in doing so it became the first foreign company ever to invest in South Korea. [23]

In 2007, Volvo CE acquired 70% of Shandong Lingong Construction Machinery Co. Ltd, and the company also finalized the acquisition of Ingersoll Rand’s road construction machines division. [24] In 2014 Volvo CE acquired Terex Trucks.

Acquisitions
Year Acquisition
1960 Arvika-Thermaenius AB Arvikaverken
1982 AB Kockum Landsverk
1990 Zettelmeyer Baumaschinen GmbH
1991 Åkermans Gjuteri och Mekaniska Verkstad
1995 Volvo Construction Equipment is born
1995 Pel-Job
1997 Champion Road Machinery
1998 Samsung CE
2007 Chinese Lingong Construction Machinery
2007 Ingersoll Rand road construction
2014 Terex Trucks
Product Range

Volvo CE markets its products under three brands: Volvo, Terex and SDLG. Volvo CE manufactures Volvo-branded crawler, wheeled and compact excavators; rigid haulers and articulated haulers; large, compact, skid steer wheel loaders and compact track loaders; demolition equipment; asphalt pavers and compactors; soil compactors; pipelayers; and forestry equipment.

  • Volvo CE
  • Terex Trucks

Terex Trucks specializes in the production of articulated haulers.

  • SDLG

SDLG (Shandong Lingong Construction Machinery Co. Ltd) produces wheel loaders, excavators, road rollers, graders as well as backhoe loaders.

Operations
Locations

As of August 2017, Volvo CE’s headquarters are located in Gothenburg, Sweden. Previously, Volvo Construction Equipment’s global headquarters were based in Brussels, Belgium. [25] The company is currently present in 145 countries with 212 dealers in more than 1,500 locations.

Volvo CE has factories in Sweden, France, Germany, the United States, Brazil, India, China and South Korea, and has more than 14,000 employees from 85 different nationalities as of December 2018. [26]

Financial information and market segments

In 2018 financial year net sales for the company reached SEK 84,531 million, and Volvo CE’s operating income in the same year was SEK 11,306 million. [27] [28]

Volvo CE markets machines and services for the following segments: Building, Heavy Infrastructure, Road Construction, Quarries & Aggregates, Mining, Agriculture & Landscaping, Recycling & Waste, Utilities, Material Handling, Forestry, Oil & Gas, and Demolition. [29]

Management

As of 1 January 2018, the President of Volvo CE is Melker Jernberg, who leads the company’s Executive Management Team (EMT). [30] Members of the EMT are:

  • Melker Jernberg, President
  • Tomas Kuta, Senior Vice President of Sales
  • Jean Marc des Courieres, Senior Vice President of Operations
  • Thomas Bitter, Senior Vice President of Technology
  • Philippe Henriette, Senior Vice President of Finance, Process & IT
  • Peter Jordansson, Senior Vice President of Purchasing & Supplier Management
  • Edvard Carleson, Senior Vice President & General Counsel
  • Bill Law, Senior Vice President of Corporate Communications and Public Affairs
Research Projects and Prototypes

Volvo CE announced in January 2019 that by mid-2020 it will start the launch of an electric range of Volvo branded compact wheel loaders (L20 to L28) and compact excavators (EC15 to EC27) – making it the first construction equipment manufacturer to commit to an electric future. [31]

It followed the development of six different construction machine concepts: the EX1 dual-powered, cable-connected excavator, the EX2 100% electric excavator, the LX1 electric hybrid wheel loader, the LX2 electric compact wheel loader and the HX1 and HX2 autonomous, battery-electric, load carriers. [32] Volvo CE and its customer Skanska launched a groundbreaking study to create the world’s first ‘emission-free’ quarry in November 2018. The viability of the research project was tested over 10 weeks at Skanska’s Vikan Kross quarry, near Gothenburg, Sweden. The results showed a 98% reduction in carbon emissions, a 70% reduction in energy cost and a 40% reduction in operator cost. The Electric Site project is a big step towards helping Volvo CE achieve its future vision where work sites are ten times more efficient, with zero accidents, zero unplanned stops and zero emissions. Together, these results support the potential for a 25% reduction in total cost of operations. [33] [34]

The Electric Site and the prototype machines are purely part of a research project. The machines are not available for purchase and Volvo CE has no plans for industrialization at this stage.

Environmental Commitments

As part of the company’s Corporate Social Responsibility commitments, Volvo CE is involved in a series of environmental initiatives. Since 2012, Volvo CE has been a member of the World Wide Fund for Nature (WWF) Climate Savers program. [35]

Volvo CE also hosts the Construction Climate Challenge (CCC), to promote sustainability throughout the entire construction industry and provide funding for environmental research.

References

  1. ^ "Volvo in $1.3bn road-building buy". BBC News.
  2. ^ "Company Overview of Volvo Construction Equipment AB". Bloomberg.
  3. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 3.
  4. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 3.
  5. ^ "Maskinernas mästare byggde hel industri". Ny Teknik.
  6. ^ "Theofron Munktell". Företagskällan.
  7. ^ "J Theofron Munktell". Sok.Riksarkivet.
  8. ^ Svenskt biografiskt lexikon (art av Elsa-Britta Grage).
  9. ^ Svenskt biografiskt lexikon (art av Elsa-Britta Grage). p. 4.
  10. ^ "Carl Gerhard Bolinder". Företagskällan.
  11. ^ Svenskt biografiskt lexikon (art av Elsa-Britta Grage). p. 5.
  12. ^ "Carl Gerhard Bolinder". Företagskällan.
  13. ^ "Theofron Munktell". Företagskällan.
  14. ^ "/Bolinder-Munktell". Wikipedia.
  15. ^ "/Bolinder-Munktell". Wikipedia.
  16. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 6.
  17. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 7.
  18. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 7.
  19. ^ "/Bolinder-Munktell". Wikipedia.
  20. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 8.
  21. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 8.
  22. ^ Looking Back – Moving Forward: Volvo Construction Equipment’s First 175 Years. p. 8.
  23. ^ "Volvo Unit Completes Agreement To Buy Samsung Heavy Division". Wall Street Journal.
  24. ^ "Volvo Busy Ingersoll-Rand Unit". Forbes.
  25. ^ "Volvo says CE headquarters to move to Sweden". Reuters.
  26. ^ "Volvo Construction Equipment and Trimble Announce Integrated Trimble Earthworks Grade Control Platform for Volvo Dig Assist". Bloomberg.
  27. ^ "Volvo Group Q1 Profit Climbs". Markets Business Insider.
  28. ^ "Volvo AB (VOLVb.ST)". Reuters.
  29. ^ "Company Overview of Volvo Construction Equipment AB". Bloomberg.
  30. ^ "Melker Jernberg, President, Volvo Construction Equipment". Bloomberg.
  31. ^ "Volvo Construction Equipment goes Electric on Smaller Machines". PR Newswire.
  32. ^ "Together In Electric Dreams: How Carbon Emissions Have Been Slashed At Quarry". Forbes.
  33. ^ "Volvo Trials Electric Construction Vehicles at Skanska quarry". Forbes.
  34. ^ "Together In Electric Dreams: How Carbon Emissions Have Been Slashed At Quarry". Forbes.
  35. ^ "Volvo Partners with Worldwide Fund for Nature's (WWF) Climate Savers program". The Economic Times.

SE10 (talk) 09:15, 22 July 2019 (UTC)[reply]

Reply 22-JUL-2019

[edit]

  Edit request declined  

  1. The text from this edit request is identical to text from the previous edit request dated June 6, 2019. Minimal portions of that text were found to be insufficiently paraphrased from the source material. These portions have not been corrected.
  2. A large portion of references are missing |author= and |date= parameter information (all the Forbes, Reuters, Wall Street Journal, and Economic Times sources).
  3. Those sources which are press releases need to use the {{cite press release}} template.
  4. The Looking Back reference does not indicate what type of publication it is, who published it, and what year it was published.[a]
  5. The Företagskällan sources are also missing |author= and |date= parameter information.
  6. The sole Wikipedia source cannot be used, per WP:WINARS.
  • The COI editor is kindly asked to supply this missing information, and once supplied/corrected, to reopen the edit request at their earliest convenience.

Regards,  Spintendo  10:39, 22 July 2019 (UTC)[reply]

Notes

  1. ^ The Looking Back reference will likely not be usable, as it appears to be company self-published material which uses non-encyclopedic prose (i.e., "The end of the 1950s marked a new dawn for Braås-based engineering company Livab" and "The first three decades of the 20th century marked important steps in the formation of what would become Volvo CE"). This style of prose appears to have carried over into the proposed text, meaning that the text itself is likely insufficiently paraphrased from the Looking Back source — which if true, would prove to be an additional reason why it couldn't be used.