Volvo CE, Posco join forces on construction machinery development

Volvo Construction Equipment and Posco signed a memorandum of understanding Friday at Volvo’s plant in Changwon, South Gyeongsang Province, to work together on developing core materials and technologies for construction machinery in pursuit of carbon neutrality. Kang Ho-jin, vice president of the RD section at Volvo CE, and Lee Kyu-young, head of the steel solution research center were among key executives in attendance.