President and CEO of Volvo Construction Equipment, Pat Olney, has used his first North American press conference to highlight the strategic importance of the North American market.
Speaking at a media briefing for Americas-based trade press journalists, Volvo Construction Equipment’s (Volvo CE’s) President and CEO, Pat Olney, outlined the progress on the company’s investment plans for North America.
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Terex Corporation has announced a big investment in the small city of Canton, South Dakota, USA – the city where Terex Bid-Well started 50 years ago. The Governor of South Dakota, the Mayor of Canton and representatives from Terex Corporation and the Lincoln County Economic Development Corporation broke ground on a new 80,000 sq ft facility for the manufacture of bridge, highway and airport pavers and related equipment.
The new eight-acre site is just miles from the company’s current multi-facility downtown campus, and the new building will house all operations under one roof.
“We have a dedicated team with a 50-year knowledge-base for building a niche product that requires customization to meet customer needs,” said George Ellis, president of Terex Construction. “It made sense to invest in the Canton community and retain the skilled workforce that will allow the transfer of knowledge well into the future.”
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Although attendance was just below 120,000 – less than previous events – the organisers of ConExpo/ConAgg can take credit for putting on a very successful event at a time when the industry is just recovering from the economic downturn. The visitor number was down but the type was better than normal. Unusually for the show, the first days were busier than the last days . . .this would indicate that the visitors were there for the show and not on an ‘all expenses paid’ weekend in Vegas, which many operators and other employees enjoyed in the ‘good old days’. This was confirmed by an analysis of visitor job titles.
The number of international visitors was a new record; probably because of the difficulties many people had in getting to Bauma in Munich in 2010 because of the volcanic ash cloud causing disruption to air travel.
The mood was overwhelmingly positive despite continued uncertainty in U.S. construction markets and the overall economy. Industry professionals expressed hopeful optimism for a sustained U.S. upturn in the coming months, while global sales continue to be strong.
Attendees said they were at the shows to examine the newest equipment and product technologies and innovations to help them prepare for future business; exhibitors cited the high quality of customers and reported strong purchases and sales leads to new as well as existing customers.
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