2015-03-31 14:00:00 CEST

2015-03-31 14:01:28 CEST


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Cargotec - Company Announcement

Cargotec's Hiab receives a significant order for MOFFETT truck mounted forklifts from North America


CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 31 MARCH 2015 AT 3 PM EEST

Cargotec's Hiab receives a significant order for MOFFETT truck mounted forklifts
from North America

Hiab, part of Cargotec, has received a significant order for MOFFETT truck
mounted forklifts from Lowe's, a leading North American company with over 1,840
home improvement and hardware stores across the country. The value of the order
is approximately USD 10 million and the equipment will be delivered during
2015.

The MOFFETT truck mounted forklifts are transported on the back of a delivery
truck or trailer and are ready to use in less than a minute. The 4-way M8 model
that will be delivered to Lowe's has a lift capacity up to 2,500 kg (5,500 lbs)
and it is designed for a wide range of industrial and commercial applications,
especially for use on difficult terrain. The extensive features of the MOFFETT
M8 provide maximum operating safety and efficiency, as well as the latest, lower
emission Tier 4 final compliant engines

The order received is continuation for the order of truck mounted forklifts
Lowe's made already in 2014 and comments: "We chose Hiab to be our partner
because of the high quality of the equipment accompanied with the high level of
service nationwide".

Hiab's sales director Ronald Verzijl says "We are very proud of being Lowe's
partner. We have had a longlasting relationship with them since 1996 and
delivered loader cranes as well as truck mounted forklifts over the years".


More information for media:
Ronald Verzijl, Sales Director, Hiab; tel. +1 404 272 3424
Lotta Clausen, Vice President, Communications, Hiab; tel. +46705535138

More information for investors:
Eeva Sipilä, Executive Vice President and CFO, tel. +358 20 777 4104
Paula Liimatta, Director, Investor Relations, tel. +358 20 777 4084

Cargotec shapes the cargo handling industry for the benefit of its customers and
shareholders. Cargotec's business areas MacGregor, Kalmar and Hiab are
recognised leaders in cargo and load handling solutions around the world. Their
global network is positioned close to customers and offers extensive services
that ensure a continuous, reliable and sustainable performance according to
customers' needs. 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

[HUG#1907843]

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