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Kalmar invests in new assembly plant in Shanghai

Kalmar Industries is to invest in a new assembly plant in the Shanghai area. The value of the investment will amount to approximately USD 10 million. The assembly plant will primarily serve the Asian container-handling equipment market, which is the fastest growing area for most Kalmar products.

Shanghai is an optimal location as it has become the most important port area in China and has major expansions planned, including a new port coming into operation in 2005. Kalmar new plant will comprise about 7 000 m² in factory and office buildings on a property of approximately 50 000 m², and will ensure sufficient capacity to meet the rapidly increasing demand in the Asia-Pacific region.

Assembly is planned to start by end of 2005 with terminal tractors (for short distance container and trailer movement), which are currently produced in the smaller scale operation in Wai Gao Qiao (Shanghai). This plant will be the base for Kalmar service and support operations in this important region.

The new plant will also be an important step in Kalmar aim to penetrate the Asian Rubber Tired Gantry Crane (RTG) market with Kalmar state-of-the-art products. In Europe, where Kalmar RTG are currently produced, Kalmar has gained a strong market position with it GPS-positioning equipped RTG.

Notes to editors:

Press information can be found on Kalmar website Simply click on News Room to be taken to a list of recent press releases or on Press Pictures to be taken to the Kalmar photo gallery.

Kalmar is a global provider of heavy duty materials handling equipment and services to ports, intermodal traffic, terminals and demanding industrial customers. Kalmar focuses on supplying handling solutions that enable customers to operate with a high level of efficiency and reliability. Every fourth container or trailer transfer at terminals around the world is handled by a Kalmar machine.

Kalmar provides a large range of value added services such as maintenance contracts and fleet management. Manufacturing plants are situated in Sweden (as is the head office), in Finland, the Netherlands, Estonia, Malaysia, China and the USA.

For further information, please contact:

Benoit Passard

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