Cargotec to supply more terminal tractors to North American customer

CARGOTEC CORPORATION, TRADE PRESS RELEASE, 23 DECEMBER 2010 AT 12.00 NOON EEST

Cargotec has received another order from Parsec, Inc, this time for 150 Kalmar terminal tractors. The long-time customer of Kalmar equipment will use the machines to supplement its expanding rail operations in North America. The agreement was made in the fourth quarter of 2010 and delivery of the units is scheduled to begin in the first quarter of 2011.

"As container volumes in Canada, Mexico and the US rise, we are gearing up to meet the demand at all major transportation interchanges," says David Budig, Vice President of Parsec, Inc.

Earlier this year, Parsec, Inc - a leading provider of contracted terminal management services - ordered 200 Kalmar terminal tractors for use at any one of its 30 locations in North America. The customer estimates that each year it handles approximately 45 percent of all trailers and containers travelling by rail in the region.

For further information, please contact:

Jim Anastasio, Senior Vice President, Americas Region, tel. +1 609-409-2806, jim.anastasio@cargotec.com

Elizabeth Gibson, Communications Manager, tel. +1 785 229 6336, elizabeth.gibson@cargotec.com
 

Notes to editors

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 9,800 people. Cargotec's class B shares are quoted on the NASDAQ OMX Helsinki. www.cargotec.com

Cargotec's expertise in container and heavy load handling is represented in the global marketplace by the wide range of Kalmar solutions. This includes ship-to-shore cranes, yard cranes, shuttle and straddle carriers, reachstackers, empty container handlers, terminal tractors, log stackers, forklifts and automation. One in four container movements around the globe is handled by a Kalmar machine. www.kalmarind.com