Kalmar USA Strengthens Dealer Network In Key Market


CARGOTEC CORPORATION, PRESS RELEASE, June 3, 2020 AT 09:00 (EST)

Kalmar, which is part of Cargotec, has recently expanded our existing dealer network, Toromont Material Handling, to represent Kalmar forklift and container handling equipment in key markets across Canada. Toromont Material Handling has been appointed as the authorized dealer for Kalmar counterbalance equipment in the Manitoba and Saskatchewan regions, effective June 1, 2020. Toromont Material Handling will operate out of locations in Winnipeg and Brandon, MB, dedicated to sales, parts, and service support for these regions. Toromont Material Handling has represented Kalmar counterbalance equipment in the Ontario, Quebec, Nova Scotia, New Brunswick, and Newfoundland markets.
 
Our dealers are the key to our success in North America both before and after the initial sale.  Through this dealer expansion, our customers will be better supported throughout the life of their Kalmar equipment.
 
Kalmar is very excited to announce this enhancement to the Kalmar dealer network. We look forward to serving our customer needs in these markets, as we continue to grow and expand Kalmar business across North America.
 
As mentioned by Sajith Manikath, Vice President of Toromont Material Handling, we are thrilled to expand our Kalmar Product offering to our Manitoba and Saskatchewan markets. This market expansion with Kalmar products will give Toromont Material Handling an even wider array of solutions to meet the needs of our customers in the Mining, Concrete, Steel, and Lumber industries.
 
 
Further information for the press:
 
Jason Murnane, Vice President, Solution Sales, Counterbalance Equipment
Tel: +1 785 331-9508, jason.murnane@kalmarglobal.com
 
Maija Eklöf, Vice President, Marketing and Communications, Kalmar
Tel: +358 20 777 4096, maija.eklof@kalmarglobal.com
 
Kalmar offers the widest range of cargo handling solutions and services to ports, terminals and distribution centres as well as to the Heavy industry. Kalmar is the industry forerunner in terminal automation and in energy efficient container handling, with one in four container movements around the globe being handled by a Kalmar solution. Through its extensive product portfolio, global service network, and ability to enable a seamless integration of different terminal processes, Kalmar improves the efficiency of every move. www.kalmarglobal.com
 
Kalmar is part of Cargotec. Cargotec's (Nasdaq Helsinki: CGCBV) sales in 2019 totalled approximately EUR 3.7 billion, and it employs around 12,500 people. www.cargotec.com
 
 
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Toromont Industries completes Hewitt acquisition

Toronto, October 27, 2017 - Toromont Industries Ltd. (TIH) today announced that it has completed its previously announced acquisition of the businesses and net operating assets of the Hewitt Group of companies.

"We thank Jim Hewitt and his team for the tremendous collaborative effort demonstrated to complete this very significant acquisition for Toromont," said Scott J. Medhurst, Toromont President and CEO. "We are also appreciative of the confidence Caterpillar has placed in Toromont to build upon the strong foundation of both companies. We are honoured to take stewardship of an organization forged over successive generations by dedicated team members. We welcome our new employees to Toromont and look forward to building on the Hewitt legacy."

About Toromont
Toromont Industries Ltd. operates through two business segments: The Equipment Group and CIMCO. The Equipment Group includes one of the larger Caterpillar dealerships by revenue and geographic territory - spanning the Canadian provinces of Newfoundland & Labrador, Nova Scotia, New Brunswick, Prince Edward Island, Québec, Ontario and Manitoba in addition to most of the territory of Nunavut. In addition, the Group includes industry leading rental operations, a complementary material handling business and an agricultural equipment business. CIMCO is a market leader in the design, engineering, fabrication and installation of industrial and recreational refrigeration systems. Both segments offer comprehensive product support capabilities. This press release and more information about Toromont Industries can be found at www.toromont.com.

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For more information contact:

Paul R. Jewer
Executive Vice President and Chief Financial Officer
Toromont Industries Ltd.
T: (416) 514-4790
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