MACK TRUCKS (Photo credit: Wikipedia)
Mack Trucks is continuing to see high demand for its rigs.
The truckmaker produced 2,687 rigs in May, up almost 60 percent over the same month a year ago, the company reported Monday.
Mack, a division of Sweden’s Volvo AB, is headquartered in Greensboro, N.C., and produces all rigs at its Lower Macungie Township plant, which employs roughly 1,700 workers.
The company has produced 12,191 rigs through May, up 56 percent compared with the same span in 2011.
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…Mack produced 1,076 rigs in July, up 41 percent compared with the same time a year ago. The Volvo AB subsidiary has made 10,674 trucks from January through July. Mack’s latest figures put the company’s production up 61 percent compared with the same span a year earlier, a pace that could make 2011 one of its best years since the Great Recession sapped truck demand…
To read the rest of the article from the Morning Call, click here: http://www.mcall.com/business/mc-allentown-mack-trucks-sales-20110831,0,6080029.story
MORE MACK NEWS
To read about it! All Mack Trucks are produced in Lower MacungieTownship so this means jobs for the Lehigh Valley!
Ford Motor Company unloaded money losing Volvo to Zhejiang Geely Automotive of Hong Kong.
Volvo lost $653 MILLION in 2009. I find that rather startling news.
Zhejiang Geely paid Ford $1.3 BILLION in cash and issued a $200 MILLION note to buy Volvo.
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