2008-11-03 08:30:00 CET

2008-11-03 08:31:28 CET


REGULATED INFORMATION

English
Cargotec - Company Announcement

Cargotec Receives Major Order in USA


Cargotec Corporation, Stock Exchange Release, November 3, 2008 at
9.30 a.m. Finnish time

Kalmar RT Center, LLC (KRTC) has  been awarded a new 5-year  contract
to  supply  its  Rough  Terrain  Container  Handler  (RTCH)  to   the
Department  of  Defence.  This  new  contract  was  awarded  by   the
Tank-Automotive Armament Command (TACOM)  in Warren, Michigan and  is
structured to have multiple delivery order releases over the term  of
the contract. The value of the  initial delivery orders will be  over
125 MUSD. KRTC expects to receive additional delivery orders in  each
of those 5 years. Total value of the 5-year contract is estimated  to
be approximately 385 MUSD.

The patented Kalmar RTCH is designed to load and unload ISO 20 and 40
foot containers in  adverse and rough  terrain operating  conditions.
There have already been  over 700 of  these machines delivered  since
the first Kalmar RTCH contract was  signed in April 2000. The  Kalmar
RTCH is in service with  the US Army, Navy  and Marines plus many  of
the coalition forces. The RTCH has been called the "C-17 of the Army"
by more than one field officer because of the proven performance  and
utility of this special material handling machine.

These  machines   will  be   produced   in  the   newly   constructed
manufacturing facility in the San Antonio, Texas area and will result
in 200 new jobs being created  in Texas. The new facility will  allow
KRTC to increase production  capacity while supporting United  States
of America based initiatives such as  the Buy American Act and  Small
Business Plans.

Stan Simpson, President and CEO of Kalmar RT Center, says:"We are  proud  of the  critical  role that  the  RTCH has  and  will
continue to  play in  the US  Army's forward  mobility. The  RTCH  is
easily transported, highly reliable, and adaptable enough to get  the
job done in real world environments. We are excited to be bringing  a
new manufacturing facility and over 200 new jobs to Texas, and  proud
to continue  to  be  an  important partner  with  the  Department  of
Defence."

Mikael Mäkinen, President and CEO of Cargotec, parent company of KRTC
comments:"Kalmar's Rough Terrain Container Handler (RTCH) is an important part
of Cargotec's special  products portfolio  and is a  clear leader  in
this market segment  as well  as applications  in special  commercial
settings  and  humanitarian  missions.  The  increased  manufacturing
capacity located in Texas is part of Cargotec's worldwide efforts  to
move closer to its customers, solidify the supply chain and  increase
efficiencies. KRTC will continue  to concentrate on product  support,
logistics, and  training  for  these  container  handlers  and  other
Cargotec  products  supplied  to  the  United  States  military   and
coalition forces. This new  contract, and US manufacturing  facility,
will strengthen Cargotec's position in the North American markets."



More information for the press:

Pekka Vauramo, President, Kalmar
tel. +358 (0)204 55 4873

Minna Karhu, Vice President, Corporate Communications, Cargotec
tel. +358 (0)204 55 4630, mobile +358 (0)40 532 0007


More information for the investors:

Paula Liimatta, IR Manager, Cargotec
tel. +358 (0)204 55 4634



Cargotec improves the efficiency of cargo flows by offering handling
systems and the related services for the loading and unloading of
goods. Cargotec's brands, Hiab, Kalmar and MacGREGOR, are global
market leaders in their fields and their solutions are used on land
and at sea - wherever cargo is on the move. Extensive services close
to customers ensure the continuous usability of equipment. Cargotec
is the technology leader in its field, its R&D focusing on innovative
solutions that take environmental considerations into account.
Cargotec's sales exceed EUR 3 billion and the company employs
approximately 12,000 people. Cargotec's class B shares are quoted on
the NASDAQ OMX Helsinki.

www.cargotec.com