IHI acquisition won't affect Terex Cranes production

By D.Ann Shiffler26 October 2016

Toebe Construction using nine Terex HC series crawler cranes to construct six bridges and reconstruc

Toebe Construction using nine Terex HC series crawler cranes to construct six bridges and reconstruct seven more in the USA

On Tuesday October 25, Terex Cranes sent its customers a letter advising them that the acquisition of IHI Construction Machinery Limited by Kato Works Co., Ltd will not affect the agreement between Terex and IHI regarding crawler crane chassis production.

The letter said: “As you may be aware, Terex and IHI Construction Machinery Limited have a long standing agreement that consists of IHI Construction Machinery Limited providing Terex Cranes crawler chassis for use in the production of Terex HC crawler cranes built in Oklahoma City for exclusive distribution in the United States and Canada. The basis of this agreement has and will remain unchanged for the foreseeable future.”

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Crane Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
CONNECT WITH THE TEAM
D.Ann Shiffler Editor, American Carnes & Transport Tel: +1 512 869 8838 E-mail: d.ann.shiffler@khl.com
Matt Burk VP Sales Tel: +1 312 496 3314 E-mail: matt.burk@khl.com
CONNECT WITH SOCIAL MEDIA
Latest News
Link-Belt Cranes restructures personnel
Following the retirement of industry veteran Paul Campbell, Link-Belt Cranes in the USA has reorganized managers.
Select Crane delivers Liebherr LTM 1130-5.1
Select Crane Sales recently delivered a 2015 Liebherr LTM 1130-5.1 to American Crane in New Hampshire
Bigge opens Gulf Coast maintenance facility
Bigge Crane and Rigging has opened a 25-acre, 130,000-square-foot, Gulf Coast shop in Houston, Texas, USA.