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Mack Trucks and Volvo Trucks North American have jointly formulated a plan for increasing the efficiency of their North American operations. The plan includes the relocation of Mack’s head office from Allentown Pennsylvania, to Greensboro in North Carolina, and a concentration of Mack’s truck production to the plant in Macungie, Pennsylvania. Implementation of the plan would mean that the Volvo Group would incur an estimated restructuring cost of approximately USD 60 million. The restructuring cost is expected to be recorded during the second half of 2008.
