Cargotec receives large repeat order from U.S. Department of Defense
CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 19 OCTOBER 2012 AT 10 AM (EEST)
Cargotec's Kalmar Rough Terrain Center (KRTC) in Cibolo, Texas, has received an order for 355 light capability rough terrain forklift trucks (LCRTF) through its contract with the U.S. Department of Defense. Total value of the order is over EUR 20 million and it has been booked into Cargotec's third quarter 2012 order intake.
The order is part of the frame agreement signed between KRTC and the US Department of Defense in 2011. It follows deals signed in 2011 and 2012, taking the total number of units close to 1300.
The LCRTF is a purpose-built cargo handling solution designed for loading and unloading containers, railcars and tactical vehicles. The LCRTF has sufficient mobility to operate on the various types of terrain found in defense and peace-keeping operations including work areas where high flotation and traction characteristics are required.
Further information for the press:
Bryan K. Stephens, President, Kalmar Rough Terrain Center, tel. +1 210 599 6541
Anne Westersund, Vice President, Communications and Marketing, tel. + 358 20 777 4460
Further information for investors:
Paula Liimatta, Director, Investor Relations, tel. +358 20 777 4084
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