Cargotec wins a large order for terminal tractors in North America

CARGOTEC CORPORATION, PRESS RELEASE, 5 OCTOBER 2010 AT 12.00 NOON EEST

Cargotec has received in the last five months contracts to supply 200 Kalmar terminal tractors to Parsec, Inc - the intermodal division of Cincinnati-based O/B Leasing. The units will come equipped with Cargotec's unique intermodal package which features a special reinforced cab and frame needed to withstand the tough demands of an intermodal operation. The machines will be delivered by the end of first quarter 2011.

During the past two decades, Parsec, Inc has ordered hundreds of Kalmar terminal tractors for its operations in the US, Canada and Mexico. As one of North America's leading providers of contracted terminal management services, Parsec, Inc continues to rely on Cargotec for efficient and reliable trailer spotting solutions.

"As long-time customers of Kalmar terminal tractors for both on- and off-highway applications, we have been continuously satisfied with the performance of our machines," says David Budig, Vice President of Parsec, Inc. "With emission regulations varying from region-to-region, Cargotec has been able to equip our units with the latest technology while accommodating different engine and capacity requirements." 

As an example of the two partner's efforts to reduce exhaust emissions at terminals, this latest order includes a significant number of terminal tractors with Cummins ISB6.7 clean idle certified engines.

Parsec, Inc currently operates in over 30 locations throughout North America. 

Further information for the press:
Jim Anastasio, Vice President, Service AMER, tel. +1 609 409 2806
Anne Westersund, Vice President, Communications and Marketing, tel. +358 20 455 4460

Further information for investors:
Paula Liimatta, Investor Relations Manager, tel. +358 20 455 4634

Cargotec improves the efficiency of cargo flows on land and at sea - wherever cargo is on the move. Cargotec's daughter brands, Hiab, Kalmar and MacGregor are recognised leaders in cargo and load handling solutions around the world. Cargotec's global network is positioned close to customers and offers extensive services that ensure the continuous, reliable and sustainable performance of equipment. Cargotec's sales totalled EUR 2.6 billion in 2009 and it employs approximately 9,500 people. Cargotec's class B shares are quoted on the NASDAQ OMX Helsinki. www.cargotec.com