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Product releases until 2012

Cargotec delivers continued success in Argentina with Kalmar reachstackers

CARGOTEC CORPORATION, TRADE PRESS RELEASE, 29 OCTOBER 2012 AT 10 AM (EET) 

Cargotec has won contracts to supply four new Kalmar reachstackers to the Port of Buenos Aires in Argentina - the latest in a series of orders this year for major customers in South America.

Two new Kalmar DRF420-60S5 reachstackers have been purchased by Terminal Ferroviaria Argentina S.A. (TEFASA) with a further two DRF450-65S5 models sold to another key terminal at the port of Buenos Aires. The equipment is scheduled for delivery between October and December 2012. The orders have been booked into Cargotec's 2012 third quarter order intake.

The new models purchased for a Fiscal Depot TEFASA - an important Argentinian hub for incoming international cargo - will replace two competitive manufacturer's reachstackers and join an existing Kalmar DC4160 laden container handler fleet. In the second deal, the new models replace two Kalmar DC4160 laden container handlers. This key terminal currently operates four Kalmar E-One2 rubber-tyred gantry cranes, seven Kalmar reachstackers, five Kalmar DRF100 and four DCF70-100 empty container handlers, and twelve Kalmar Ottawa terminal tractors.

Marcelo Massa, Managing Director, Cargotec Argentina SRL, said: "We are delighted to continue our expansion in the South American region with the significant reachstacker sales recorded this year. Building on our successful deal in Paraguay, these new orders strengthen the relationship between Cargotec, the Port of Buenos Aires and Caacupe-Mi port in Zeballos & Pilar as we increase our mobile cargo handling equipment presence at the site. Cargotec's strong representation in the local market, its good reputation with customers and excellent after-sales support were key factors in the decisions to replace old equipment with new Kalmar reachstackers. In addition, the lower total cost of ownership we offer through high performance, energy efficiency and increased uptime were also highlighted as key factors in the decision to choose Kalmar equipment."

For further information please contact,

Marcelo Massa, Managing Director, Cargotec (ARE) LLC, +54 11 4919 1901
marcelo.massa@cargotec.com
Maija Eklöf, Director, Communications and Marketing, Terminals, +358 20 777 4096, maija.eklof@cargotec.com

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 3.1 billion in 2011 and it employs approximately 10,500 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com