CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 16 SEPTEMBER 2013 AT 9.00 A.M. (EEST)
Cargotec's Kalmar has won a major order to supply 17 automated stacking cranes and 11 automated straddle carriers for leading terminal services provider TraPac Inc, a subsidiary of Mitsui OSK Lines, in Los Angeles, USA. The equipment is scheduled for delivery in 2015 and early 2016. The parties have agreed not to disclose the value of the order.
This contract follows an order for ten Kalmar automated stacking cranes and 17 automated straddle carriers received in October 2011. Kalmar has steadily developed its track record in the field of port automation and this project was its first large automation order in the Americas region.
"TraPac is one of the major automation projects for Kalmar where we have been able to demonstrate our ability to deliver a total solution including both the hardware as well as the software for the entire automation. The flexibility and openness of the partnership between TraPac and Kalmar has been and will continue to be a cornerstone for success," says Lennart Brelin, Executive Vice President, Kalmar Americas.
"The integration of the terminal systems is vital to us and working with a single integrator such as Kalmar is critical to ensuring accurate, reliable and timely project realisation and operations. We are confident with Kalmar's experience with both automated stacking cranes and automated horizontal transport," commented Scott Axelson, Vice President, Planning & Development at TraPac.
The terminal is expected to be partly opened for commercial operations in the second quarter of 2014.
Further information for the press:
Lennart Brelin, Executive Vice President, Kalmar Americas, tel. +1 419 482 6840
Maija Eklöf, Vice President, Communications, Kalmar, tel. +358 20 777 4096, email@example.com
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 brands MacGregor, Kalmar and Hiab 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 3.3 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