Cargotec wins a major order from the U.S. Department of Defense
CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 5 JULY 2012 AT 9 A.M. (EEST)
Cargotec's Kalmar Rough Terrain Center in Cibolo, Texas, has received an order for its light capability rough terrain forklift (LCRTF) trucks through its contract with the U.S. Department of Defense. Total value of order is approximately EUR 50 million and it includes a delivery of 766 forklift trucks from July 2013 onwards.
This order has been booked to Cargotec's second quarter 2012 order intake and it is part of the frame agreement signed between KRTC and the U.S. Department of Defense in 2011. It follows deals signed in 2011 and 2012, taking the total on order now to 913.
Bryan Stephens, President of Kalmar Rough Terrain Center says: "We are proud to continue supporting the U.S. Department of Defense with our military materials handling equipment. The Kalmar RT-022 LCRTF is the second model purpose-built for the U.S. Department of Defense by the Kalmar Rough Terrain Center - with the Kalmar RT-240 rough terrain container handler (RTCH) already in operation. The LCRTF model has been designed to operate perfectly in tandem with the larger RTCH, with the combination providing a complete materials handling solution for operation in the field."
The LCRTF is a mission specific 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 military and peace-keeping operations including work areas where high flotation and traction characteristics are required. Once delivered, they will be supported by Kalmar spare parts provision and field support representatives.
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