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New Volvo Construction Equipment president Martin Weissburg has revealed a new emphasis for the company’s future R&D strategy – and stressed ongoing work to boost profitability. Speaking during the Swedish manufacturer’s Conexpo 2014 press conference, Weissburg, who assumed his role in January 2014, said, “There will be greater allocation of our R&D dollars towards innovations that reduce product cost. This will not be at the expense of quality or durability.”
New Volvo Construction Equipment president Martin Weissburg has revealed a new emphasis for the company’s future R&D strategy – and stressed ongoing work to boost profitability. Speaking during the Swedish manufacturer’s Conexpo 2014 press conference, Weissburg, who assumed his role in January 2014, said, “There will be greater allocation of our R&D dollars towards innovations that reduce product cost. This will not be at the expense of quality or durability.”
