Top name joins JCB Inc.

News March 21, 2001
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Helmut Peters, formerly executive vice president of the Volvo Construction Equipment Group, has been appointed president of JCB

Helmut Peters, formerly executive vice president of the Volvo Construction Equipment Group, has been appointed president of JCB Inc., Pooler, Ga., in North America.


Peters also was president and chief executive officer of Volvo Construction Equipment North America for seven years, during which he re-organized and developed a business that grew from sales of $200 million to $700 million.


"JCB is recognized as No. 1 in Europe and is now determined to achieve significant sales in North America. I am looking forward to the challenge of fulfilling that aim," said Peters.


Peters has spent 30 years as a senior executive in the construction industry, working in North America, Europe and South Africa. He was with Volvo for 11 years, joining as managing director of its German subsidiary company. Before that, he spent five years with Bomag GmbH.


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