Kalmar secures orders for 708 terminal tractors in

CARGOTEC CORPORATION, PRESS RELEASE, 9 FEBRUARY 2017 AT NOON (EET)

Kalmar, part of Cargotec, has secured orders for a total of 708 terminal tractors in the Americas region. The orders were received during the annual Dealer Meeting held in Bonita Springs, Florida in the beginning of February and they will be booked into Cargotec's 2017 first and second quarter order intake. The terminal tractors will be delivered to the dealerships across USA, Canada and Mexico during this year. The total value of the orders is approximately EUR 70 million.

Dan Pettersson , Senior Vice President, Mobile Equipment, Kalmar, commented: "This year's Dealer Meeting was a great success. We made a record in orders received and surpassed our previous record of 512 units from 2015. We launched our Kalmar Ottawa T2 terminal tractor three years ago and since then, we have been consistently gaining market share especially in the Americas. Today, our terminal tractor offering comprises a superior product, service, spare parts and rental agreements supported by a dedicated team who has been contributing to this successful business since the beginning. This impressive result coupled with the feedback received from the attendees builds up our confidence in the North American market and its economic outlook for 2017."  

Further information for the press:

Dan Pettersson, Senior Vice President, Mobile Equipment, Kalmar, tel. +46 372 37 80 62

Maija Eklöf, Vice President, Marketing and Communications, Kalmar, tel. +358 20 777 4096, maija.eklof@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.kalmarglobal.com

Kalmar is part of Cargotec. Cargotec's (Nasdaq Helsinki: CGCBV) sales in 2016 totalled approximately EUR 3.5 billion and it employs over 11,000 people. www.cargotec.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...6708e63883