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Press Release Kalmar Cargotec

Kalmar's Shanghai factory delivers its 1,000th reachstacker to Wing Wah Container Depot Co., Ltd., Hong Kong

7/31/2013

CARGOTEC CORPORATION, PRESS RELEASE, 31 JULY 2013 AT 9.00 A.M. EEST 

Kalmar, part of Cargotec, has delivered the 1,000th reachstacker manufactured at the company's Shanghai factory, to Wing Wah Container Depot Co., Ltd (Wing Wah), Hong Kong, on 26 July 2013. The 1,000th machine from this factory signifies a milestone in Kalmar's business development in China.

Clement Ng, Kalmar's Vice President, Greater China, said, "We are very proud to deliver the 1,000th reachstacker manufactured in Shanghai and particularly as it is to Wing Wah, who again have demonstrated their confidence in our products and services. The Kalmar reachstacker offers high performance at a low total cost of ownership.

"We have successfully developed a strategy to build models with higher local component content, giving overall better flexibility and service to our customers. As a result, Kalmar products are highly regarded within the industry as innovative, high quality, reliable and cost effective. Kalmar's Shanghai factory has become a leader for reachstackers in the Asia-Pacific region and we are also now focusing on deliveries to Europe, the Middle East and Africa. With this sustained growth we are looking forward to the future and the next 1,000 machines," he concluded.

Wing Wah was established in 1978, and has been in the container handling business for over 35 years. The new reachstacker will be the latest in a fleet of Kalmar machines operated by Wing Wah at their Tsing Yi depot, Hong Kong.

Kalmar pioneered the world's first commercial reachstacker in the 1980s and it is the market leader in reachstacker solutions with 8,000 machines delivered worldwide.

Further information for the press:

Clement Ng, Vice President, Kalmar Greater China, tel.  +852 9866 5962, clement.ng@kalmarglobal.com

Shu Shu Zhang, Director, Marketing and Communications, APAC, Kalmar, tel. +852 2942 9197, shushu.zhang@kalmarglobal.com

Kalmar offers the widest range of cargo handling solutions and services to ports, terminals, distribution centres and to heavy industry. Kalmar is the industry forerunner in terminal automation and in energy efficient container handling, with one in four container movements around the globe being handled by a Kalmar solution. Through its extensive product portfolio, global service network and ability to enable a seamless integration of different terminal processes, Kalmar improves the efficiency of every move. www.kalmaglobal.com

Kalmar is part of Cargotec. Cargotec's sales totalled EUR 3.3 billion in 2012 and it employs approximately 10,000 people. Cargotec's class B shares are quoted on NASDAQ OMX Helsinki under symbol CGCBV. www.cargotec.com

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