Volvo, JLG and Manitowoc going strong as tariffs take effect
Photo by Markell DeLoatch, Public Opinion Online
(Chambersburg) — Franklin County manufacturers of construction equipment are selling more machines despite the start of a trade war and the lack of a national transportation bill.
Volvo Construction Equipment, Manitowoc Cranes and Oskosh Corp. all report a boost in sales for their most recent quarterly earnings. They are the major players in the region’s manufacturing economy. They directly employ thousands and support a network of local supply shops.
“The companies are operating in a very strong economy,” said L. Michael Ross, president of the Franklin County Area Development Corp. “There’s a tremendous amount of investment taking place. Fortunately, we build the equipment to do that work.”
Volvo makes road rollers. Manitowoc makes mobile cranes. Oskosh makes mobile work platforms and lifts. They use aluminum, steel and other products whose import has been hit with new tariffs.
The most recent U.S. tariffs came this week — a 25 percent tax on