Cargotec secures $40 million equipment order from US companies

Hiab to deliver loader cranes and truck-mounted forklifts to US companies

Hiab, part of Cargotec, has received two significant orders for Hiab equipment in the US collectively worth up to $40 million.

A national home improvement chain has ordered MOFFETT truck-mounted forklifts for a value of €23.8 million ($25.7 million), while a separate €12 million ($12.95 million) order was made by a national building supply chain for HIAB loader cranes and MOFFETTs.

The two orders were booked in Cargotec’s 23 Q4 order intake with deliveries being made throughout H1 2024.

All the equipment delivered is connected and comes equipped with the HiConnect™ telematic data solution.

The MOFFETT truck-mounted forklifts ordered are M8 NX models with both three-wheel drive and four-way steering. All MOFFETT truck-mounted forklifts are compliant with Tier 4 emission standards in North America and Canada, and European Stage V regulations.

READ: Cargotec appoints new CEO

Apart from MOFFETT M8 NX truck-mounted forklifts, the customer has ordered a variety of HIAB loader cranes in the medium and heavy range, and the specialised drywall crane in the K range. The largest drywall crane HIAB K-HIPRO 515 can deliver material up to nine stories. 

Pauliina Kunvik, Senior Vice President, Sales & Services, North America, Hiab, said: “MOFFETT has a reputation for delivering to the customer’s needs and requirements, like the national home improvement chain’s specifications.

“The MOFFETT truck-mounted forklifts offer the versatility for a single operator to deliver anything their DIY or professional customers need for home improvement projects. From lumber to piping or turf to pave stones, deliveries can be made directly to their front porch or backyard – wherever the products need to be placed.” 

READ: Cargotec appoints new President to lead Kalmar

“Safety is the number one priority for the building supply customer,” Kunvik continued.

“Hiab equipment offers industry-leading safety features to keep their operators out of harm’s way and deliver the products safely and smoothly. Their delivery model has been built around customer service and Hiab equipment delivers to their commitment to having the best service for their customers.”

Last spring, Cargotec and SSAB collaborated to introduce a new fossil carbon emission-free recycled steel to the cargo and load handling industry.

Daily Email Newsletter

Sign up to our daily email newsletter to receive the latest news from Port Technology International.

Supplier Directory

Find out how to get listed

Webinar Series

Find out how to attend

Latest Stories

Cookie Policy. This website uses cookies to ensure you get the best experience on our website.