Volvo 2004 Annual Report Download - page 9

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7
At the Truck Show in Las Vegas, Mack
presented the new Advantage chassis, to
better serve the needs of highway cus-
tomers. The new chassis will be used in
all Mack Vision and CH models.
STRATEGIC
ALLIANCE WITH
ARVINMERITOR
MACK INTRODUCES NEW
ADVANTAGE HIGHWAY
CHASSIS
NORTH AMERICAN ENGINE
REMANUFACTURING BUSINESS
ESTABLISHED
NEW COMPACT EXCAVATORS
LAUNCHED
Volvo Construction Equipment acquired
the assets related to the engine remanu-
facturing of ECHO Industries, Inc, Char-
lotte, North Carolina; the primary supplier
of remanufactured engines to Volvo CE
in North America. The market for Volvo
CE’s remanufactured engines has
become quite substantial since they are
updated to the latest version with the lat-
est technical improvements. The acquisi-
tion secures a strong platform from
which to develop the North American
engine remanufacturing business.
Volvo CE launced its ECR range of short
swing radius compact excavators from
2.5 to 8 tons, designed to meet the
needs of operators working in confined
areas. The four models in the launch,
designated as ECR28, ECR38, ECR58
and ECR88, offer high maneuverability,
improved safety and expanded job oppor-
tunities without compromising operator
comfort.
In accordance with a Memorandum of
Understanding signed earlier, Volvo and
ArvinMeritor entered into a Strategic
Alliance Agreement for the supply of
axles, which includes ArvinMeritor taking
over Volvo’s axle manufacturing activities
in Lyon, France. The European Commis-
sion approved the transaction on October
1, 2004. ArvinMeritor will be responsible
for the manufacturing and supply of driven
and non-driven axles for the Volvo Group’s
European truck and bus products.