Hiab receives an order for 90 loader cranes from Australia

Hiab receives an order for 90 loader cranes from Australia

ID: 434852

(Thomson Reuters ONE) -


CARGOTEC CORPORATION, PRESS RELEASE, 16 NOVEMBER 2015 AT 1.30 PM EET

Hiab, part of Cargotec, has received an order for 90 HIAB loader cranes and
their installation from Coates Hire, the largest equipment hire company in
Australia. The value of the order exceeds EUR 2 million and was booked into
2015 third quarter order intake.

The majority of the ordered cranes represent the new HIAB T Series that were
launched in May 2015. The T series cranes are designed for easy mounting on
pickups and light trucks and they deliver the highest quality and durability.
The T Series cranes are particularly easy to use, thanks to the advanced
functionality of the steering system.

Coates Hire, which is a long-time customer for Hiab Australia, is Australia's
leading equipment solutions provider, supplying a wide variety of equipment to
industry including Engineering and Building Construction & Maintenance, Mining
and Resources, Manufacturing, Government and Events. "We are delighted to have
received this major order in one of our key segments. The T-crane was very
positively received when it was launched at the Brisbane truck show in May of
this year. This important order confirms the market's interest in this
innovative new product line," says Steve Coonan, Hiab Australia National Sales
Manager.

Coates Hire Executive General Manager Fleet, Ashley Lancaster said the purchase
will further enhance the company's ability to efficiently deliver fleet to its
broad customer base. "We lead the market and this investment will ensure we can
reduce turnaround and deliver on-time in a safe manner."

The delivery of the loader cranes will take place at the end of 2015 and
beginning of 2016.


More information for media:
Steve Coonan, Hiab Australia National Sales Manager; tel. +61 439 90 27 60
Lotta Clausen, Vice President, Communications, Hiab; tel. +46 705 53 513






Hiab is the world's leading provider of on-road load handling equipment.
Customer satisfaction is the first priority for us. Around 2,600 professionals
at Hiab work to provide high-performance products and services that meet
customer needs globally. Our product range includes HIAB loader cranes, JONSERED
recycling and forestry cranes, LOGLIFT forestry cranes, MOFFETT truck mounted
forklifts and MULTILIFT demountables, as well as DEL, WALTCO and ZEPRO tail
lifts. www.hiab.com


Hiab is part of Cargotec. Cargotec's sales totalled approximately EUR 3.4
billion in 2014 and it employs approximately 11,000 people. Cargotec's class B
shares are quoted on NASDAQ OMX Helsinki Ltd under symbol CGCBV.
www.cargotec.com

About Coates Hire: Coates Hire is Australia's leading equipment hire company
with over 130 years experience in industry. They listen, understand and go the
extra mile for their customers, from Australia's largest industries, to the
contractors and tradies working on the job site down the road. They are
committed to safety and reliability, ensuring customers deliver their project on
time, on budget and without incident. For more information visit
www.coateshire.com.au


HIAB T-CLX:
http://hugin.info/135578/R/1967004/718426.jpg



This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Cargotec Corporation via GlobeNewswire
[HUG#1967004]




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Bereitgestellt von Benutzer: hugin
Datum: 16.11.2015 - 12:30 Uhr
Sprache: Deutsch
News-ID 434852
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