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Terex Cranes Signs another Contract for Eight Crawler Cranes with Sanghvi Movers Ltd. at BC India

March 17, 2011

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Terex Cranes Global Marketing

Press & Public Relations

E-mail: info.cranes@terex.com

 

 

 

 

 

 

 

TEREX CRANES SIGNS ANOTHER CONTRACT FOR EIGHT CRAWLER CRANES

WITH SANGHVI MOVERS LTD. AT BC INDIA

 

MUMBAI, India, March 15, 2011 – Terex Cranes has announced the signature of another large crawler crane contract with Sanghvi Movers Ltd. at bC India, Mumbai.

For Terex Cranes, India is an important market. “We are excited to be part of what Sanghvi is seeking to accomplish. We look forward to a long-lasting, supportive partnership and are honored to be associated with such a great company and great people,” said Kevin Bradley, President, Terex Cranes.

 

“The distribution of wind-generated energy on such a massive, long-term scale is a truly impressive, life-changing development that will have a strong effect on India’s future economic growth. There are few words to describe how delighted we are to support our customer Sanghvi in the success of this extraordinary infrastructure project,” says Thomas Hartmann, Sales Director, Terex Cranes, Zweibrücken (Germany).

 

This is a close partnership and we see this going a long way in history,” said Chandrakant P. Sanghvi, Chairman and Managing Director, Sanghvi Movers.

 

The eight CC 2400-1 crawler cranes will be used by Sanghvi for a future wind-energy project, while the other 22 crawler cranes previously ordered (see also announcement on October 21, 2010) will be employed for the construction of power stations with 660 MW capacity, 300 MW capacity, wind-energy projects and refineries.

Providing a maximum lifting capacity of 400 tonnes, the eight Terex® CC 2400-1 crawler crane units will be manufactured at the Terex Cranes production facility in Zweibrücken, Germany.

 

Deliveries are planned throughout 2011.

 

About Sanghvi Movers Ltd.

Operating a fleet of 360 telescopic and lattice boom cranes offering capacities from 20 to 800t, Sanghvi Movers Ltd. is one of the largest crane hire companies in India, and ranked 9th position worldwide (Cranes International, June 2009).

Specialized in the implementation of turnkey projects in a variety of sectors, such as power plants, wind mill erection, refinery, cement, metros, etc. throughout India, Sanghvi Movers Ltd has a reputation for delivering efficient results, with a priority focus on quality, safety, well-maintained equipment and company-trained crane experts and machine operators. Sanghvi Movers Ltd is located in Pune, India. Email: sanghvi@sanghvicranes.com

 

About Terex

Terex Corporation is a diversified global manufacturer operating in four business segments: Aerial Work Platforms, Construction, Cranes, and Materials Processing. Terex manufactures a broad range of equipment for use in various industries, including the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy and utility industries. Terex offers a complete line of financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services. More information on Terex can be found at www.terex.com.

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