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Volvo CE Americas President Goran Lindgren on the expansion of the company’s North American construction equipment headquarters to deal with rising ...
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Well Sweden's Volvo is making a big industrial -- and it's happening on the ground in Pennsylvania.
Robert -- isn't shipman's -- Robert.
-- -- thanks so much you could see right here they are building that these soil contractors here is part of a 130 million dollar total investment at every in the second phase here.
Building out their new North American headquarters and a business here which -- -- -- More than doubling their sales in 2011 from the prior year and -- lingered as the president of the Americas and Europe -- so much for.
Posting -- here exclusively with fox business and talk to us about -- yeah are you optimistic that these types of gains can't continue after doubling your sales a year ago.
Now we're very pleased with the result of course that told market today in the North America grew 36% in the first quarter -- grew on an 11% which.
In the case -- we were taken a part of the markets.
-- look and -- we do think though levees slightly from boulder that and that we expect to see the market.
Come up about twenty to 25% for the full here.
And -- expecting to see the demand come from which which pockets we are talking about here hearing about homebuilders.
Doing well and -- further positive report today but are you seeing it that reflected.
In the -- and also as far as the highway bill we know that's something that you're following very closely in Washington.
Well that also and we don't see that coming back for a stronger were selling out -- during 2012.
When it comes to rolled his -- -- declining or flat or declining and one of the reasons such as you mentioned.
Is so we waiting for a a fully funded multi year.
Highway bill and that'll brings back some confidence into -- market.
The new segments were receive a lot of activity are in mining it's an oil and gas and also -- -- -- and restocking -- we have a very very strong position.
Gallon we're sitting on top literally on top of the Marcellus Shale here -- -- here's deposit natural gas -- just about held this business has been a boon for yourselves.
We have we reentry into this market we have a very unique product we have built upon player on the day excavate her and then all the other products also comes -- of course and the other thing is some when we.
More into this segment all around the sales there -- -- -- spill over to other segments like -- the building -- -- building hotels we were -- Doing other things that rules all.
This we require our equipment.
In all segments.
-- -- about 875 people here now you're gonna employs several hundred more and and taught us about finding employees here we know that.
DO a lot of side folks have been off the job for -- I think are you finding -- place he -- -- -- retrain or retooled.
-- -- -- -- Yeah we have very here at the factory have programs employees on the training people two have a good programs in place to do that in the in Pennsylvania and we also have a good base for people -- to come into war closer almost say the bigger problem is -- distribution.
Were received in the way we're gonna have Grohl in the next -- -- next year the next -- three years.
We have to double the number of mechanics that the double the number of sales people and a lot of people left the the the industry -- over the policy as challenged to find people.
I'm sure a lot of people be up for the challenger given the employment conditions right now -- that.
The -- back different -- Pittsburgh Pennsylvania Avenue headquarters in North America for Volvo's construction equipment.
Robert Greg thank you very much -- -- angry.
