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Mack Trucks, Inc. Signs On To National Greenhouse Gas Reduction Effort

Friday. May 21. 2010

WASHINGTON, DC (May 21, 2010) – Denny Slagle, President and CEO of Mack Trucks, Inc., participated in an event at the White House today during which President Obama signed a presidential memorandum aimed at reducing greenhouse gas emissions and improving the fuel efficiency of medium- and heavy-duty trucks and buses.  The memorandum outlines principles agreed to by Mack, the U.S. Department of Transportation (DOT), the U.S. Environmental Protection Agency (EPA) and other heavy-duty truck and engine companies.  Also joining the President today were DOT Secretary Ray LaHood and EPA Administrator Lisa Jackson. 

“Participating in this effort is consistent with measures we already have in place to reduce greenhouse gas emissions from our operations and our products,” Slagle said.  “Mack joined the EPA's Climate Leaders Program in 2004 as one of the original charter companies. We originally pledged to reduce GHG emissions by 20% per unit from 2003 - 2010. As a result of the numerous energy efficiency projects that have been implemented at our manufacturing and administrative locations, we actually reduced GHG emissions from our operations by 42% per unit, and did it two years ahead of schedule.  We’ve since recommitted to the program and are well on our way to meeting an ambitious new goal.

“In addition to the good work at our facilities, we’ve also reduced the carbon footprints of our products.  Using less fuel is good for our customers’ bottom lines as well as the environment.  With the MACK® ClearTech™  SCR technology we’re using to meet the EPA 2010 emission requirements, we’ve improved the fuel economy of our trucks by 5% – or more in some applications.

“As part of a global company, we’re pleased that the principles agreed upon here in Washington today call for worldwide alignment of GHG emission and fuel efficiency standards. We also fully support the provisions that any such standards applicable to medium- and heavy-duty vehicles must be established in a way that recognizes the commercial needs of the trucking industry and the demands of heavy-duty applications, takes into consideration technology improvement opportunities across the entire vehicle and its operation, is compatible with the complexities of the marketplace, and avoids unintended consequences.”   

Dedicated to quality, reliability, and total customer satisfaction, Mack Trucks, Inc. has provided its customers with innovative transportation solutions for more than a century.  Today, Mack is one of North America’s largest producers of heavy-duty trucks and MACK® trucks are sold and serviced through an extensive distribution network in more than 45 countries.  Mack trucks and diesel engines sold in North America are assembled in the United States.  Mack manufacturing locations are certified to the internationally recognized ISO 9001 standard for quality and ISO 14001 standard for environmental management systems.  Mack is also a proud sponsor of Share the Road, an American Trucking Associations' public information campaign aimed at enhancing the safety of our nation’s roadways.
Mack Trucks, Inc. is part of the Volvo Group, one of the world's leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services, and is one of the world's leading producers of heavy-diesel engines (9-16 liter).  The Group also provides complete solutions for financing and service.  The Volvo Group, which employs about 96,000 people, has production facilities in 19 countries and sells their products in more than 180 markets.  Volvo Group sales for 2009 amounted to approximately $29 billion.  The Volvo Group is a publicly-held company headquartered in Gothenburg, Sweden.  Volvo Shares are listed on Nasdaq OMX Nordic Exchange and are traded OTC in the U.S.

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