Volvo CE establishes North American engine remanufacturing

Volvo CE establishes North American engine remanufacturing Volvo Construction Equipment has acquired the engine remanufacturing- related assets of ECHO Industries, Inc (ECHO), Charlotte, North Carolina; the primary supplier of remanufactured engines to Volvo CE in North America. The acquisition is effective 28 June, 2004. Scott Hall, Executive Vice President, Sales and Marketing for Volvo CE, said: "Remanufactured components for our construction equipment play a key role in developing Volvo CE's service to our customers. The acquisition of ECHO's engine remanufacturing-related assets secures for us a very strong platform from which to develop our North America engine remanufacturing business." The market for Volvo CE's remanufactured engines has become quite substantial since they are updated to the latest version with the latest technical improvements. They are subjected to extensive testing and have the same warranty as new engines. Operations at Volvo CE's newly acquired engine remanufacturing facility will be carried out without interruption by the current staff of thirty- one (31). June 30, 2004 For further information, please contact: Klas Magnusson Volvo Construction Equipment Avenue du Hunderenveld 10 B-1082 Brussels, Belgium Tel: int + 32 2482 5065 e.mail: klas.magnusson@volvo.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/06/30/20040630BIT21240/wkr0001.pdf

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The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. The headquarter is located in Gothenburg, Sweden.

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