Cargotec Subsidiary Hiab Wins Nearly EUR 4 Million Order for Heavy Duty Tail Lifts in the U.S.

Cargotec Subsidiary Hiab Wins Nearly EUR 4 Million Order for Heavy Duty Tail Lifts in the U.S.

(PRESS RELEASE) HELSINKI, 9-Jan-2023 — /EuropaWire/ — Cargotec Corporation (HEL: CGCBV), a Finnish company that makes cargo-handling machinery for ships, ports, terminals and local distribution, has announced that its subsidiary Hiab, a leading provider of smart and sustainable load handling solutions, has received an order worth approximately EUR 4 million from a national retailer in the United States for WALTCO tail lifts. The tail lifts, which are designed for durability and ease of use, will be delivered in 2023. The retailer has 25 distribution centers in the US and retail stores in 47 states, and has been a WALTCO customer for 18 years.

“For almost twenty years WALTCO has delivered safe, efficient and reliable performance to this customer, supported by our US-wide service network. We are very happy to be recognised for this and looking forward to deepening our relationship following this new large order,” says Martin Saint, Vice President, Sales & Product Management, Tail Lifts, Hiab.

The WALTCO WDV railgate’s innovative design ensures ease of operation and low maintenance requirements. The reliable performance is supported by the hydraulic circuit design and automatic self-levelling system that allow the load to be offset without compromising capacity, and the platform lifts parallel to the truck bed, even on uneven road surfaces. The WDV provides safer operation with platform warning lights that automatically flash when the liftgate is in operation and a ridged aluminium knurled surface creating a non-slip environment.

WALTCO WDV railgates are available in lifting capacities of 3,500 lb., 4,500 lb., 5,500 lb. and 6,600 lb.

Further information:
Martin Saint, Vice President, Sales & Product Management, Tail Lifts, Hiab, m: +1 330 630 7740, martin.saint@hiab.com

Nils Gjerstad, Senior Communication Manager, Hiab, m: +46 706 005 288, nils.gjerstad@hiab.com

About Hiab
Hiab is a leading provider of smart and sustainable load handling solutions. We are committed to delivering the best customer experience every day with the most engaged people and partners. Hiab’s premium equipment includes HIAB, EFFER and ARGOS loader cranes, MOFFETT and PRINCETON truck mounted forklifts, LOGLIFT forestry cranes, JONSERED recycling cranes, MULTILIFT skiploaders and hooklifts, GALFAB roll-off cable hoists, and tail lifts under the ZEPRO, DEL and WALTCO brands. As the industry pioneer, Hiab continues to make load handling smarter, safer and more sustainable to build a better tomorrow. www.hiab.com

Hiab is part of Cargotec Corporation. Cargotec (Nasdaq Helsinki: CGCBV) sales in 2021 totalled approximately EUR 3.3 billion and it employs around 11,500 people. www.cargotec.com

SOURCE: CARGOTEC CORPORATION