Terex Cranes Global Marketing
Press & Public Relations
TEREX SHOWCASES OPERATIONS IN NEW BUSINESS SECTOR AT INTERMODAL
REGGIO EMILIA / SAO PAULO, June 9, 2010 - Intermodal 2010 marked a new phase for Terex. During the event, the company showed visitors the service and product offerings from the Terex® Port Equipment business. Visitors found equipment such as Reach Stackers for containers, Forklifts (from 12 to 52 tonnes), Front-end Stackers for containers, MHC - Mobile Harbour Cranes, RTG – Rubber Tyred Gantry Cranes, RMG– Rail Mounted Gantry Cranes, Straddle Carriers (for transporting containers), Quay Cranes - STS (Ship to Shore) and Truck Cranes which assist in port operations, port and rail terminals, warehouses and logistic centres. Intermodal took place from 6 to 8 April, at the Transamérica Expo Center, in São Paulo. The event received 43.629 visitors and had 500 exhibitors.
“Terex is the market leader in the number of Reach Stackers on the Brazilian market, with a 50% share , and we also hope to obtain excellent results with the new equipment that is now available from Terex Port Equipment”, says Thomas Ostermann, vice-president and managing director of Terex Cranes. The company sold six pieces of equipment at Intermodal in the amount of € 1.6 million.
The possible extension of the Lei do Reporto (law for the modernization and enhancement of ports with tax exemption in the purchase of new equipment), which initially has been extended to 31st December 2011, will help drive market demand for these products. The Lei do Reporto, encourages port operators to purchase new equipment by means of a 100% tax exemption.
Manufactured in Italy, Germany, France and China, the products from Terex Port Equipment have capacities ranging from 3 t to 200 t. There are more than 11 lines of equipment, including models of Reach Stackers for containers, quay and courtyard cranes, stacking and transportation, and side-lift trucks.
About Terex: Terex Corporation is a diversified global manufacturer operating in four business segments: Terex Aerial Work Platforms, Terex Construction, Terex Cranes, and Terex Materials Processing. Terex manufactures a broad range of equipment for use in various industries, including the construction, infrastructure, quarrying, mining, shipping, transportation, energy, refining, and utility industries. Terex offers a complete line of financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services. More information on Terex can be found at www.terex.com.
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