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Consolidation of the Volvo Group industrial operation in Japan

 

The Volvo Group has decided to consolidate its industrial operation in Japan in
order to improve the overall efficiency. In May 2013 the Ota remanufacturing
plant will be closed and the operation moved to Ageo, the main plant in Japan.
The project also includes cleaning of the land, demolishing of old and outdated
buildings as well as moving or phasing out equipment for old products. In total,
costs corresponding to SEK 280 M related to these activities will be recorded in
the fourth quarter of 2012, affecting the truck segment.
The Volvo Group has decided to consolidate its industrial operation in Japan inorder to improve the overall efficiency. In May 2013 the Ota remanufacturingplant will be closed and the operation moved to Ageo, the main plant in Japan.The project also includes cleaning of the land, demolishing of old and outdatedbuildings as well as moving or phasing out equipment for old products. In total,costs corresponding to SEK 280 M related to these activities will be recorded inthe fourth quarter of 2012, affecting the truck segment.

 

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