GlobeNewswire by notified

Kalmar invests in expansion to its Ottawa plant to address growing demand for electrically powered terminal tractors

Share

CARGOTEC CORPORATION, PRESS RELEASE, 7 JUNE 2022 AT 10:00 AM (EEST)


Kalmar, part of Cargotec, has announced that it is to upgrade and expand its manufacturing plant in Ottawa, Kansas, home to the company’s terminal tractor manufacturing operations in North America. The investment, worth close to EUR 20 million, will eventually enable the plant’s annual production capacity to be doubled, making it the largest terminal tractor manufacturing facility in North America. The investment is driven by the growing demand from the logistics industry for eco-efficient equipment solutions that do not rely on fossil fuels to operate. 

The project will see a purpose-built extension added to the factory to manage the increased flow of incoming materials and the introduction of new assembly line feeding technology to reduce the use of forklifts and minimise materials and movements in the production area.

The existing line will be converted to a high-speed line for ‘rapid build’ distribution terminal tractors and a completely new ‘flex line’ with state-of-the-art technology will be added to enable high-volume production of Kalmar’s fully electric and high-end terminal tractor models.

Sustainability is at the core of the expansion project, with the plant employing eco-efficient lighting, maximising the use of renewable energy and implementing material handling processes designed to minimise waste. The plant layout has also been designed to protect the wellbeing of personnel, with safety and assembly ergonomics being critical considerations.

Michel van Roozendaal, President, Kalmar Mobile Solutions: “We are very excited about taking this huge leap forward in the North American market. When the addition to the plant opens up in 2023 we will have achieved our vision of a Kalmar smart factory with fully digitalised assembly processes. Not only will it be the biggest terminal tractor manufacturing facility in North America by some distance, but it will also be a true American powerhouse for the manufacture of eco-efficient cargo-handling equipment.”

“This investment puts us in an excellent position to strengthen our market leadership in North America. The new smart factory will drastically reduce our lead times while increasing the overall safety, quality and efficiency of our production process. We have a long history here in Ottawa and are excited to continue our growth in this community,” says Alan Wilson, Director of Operations, Ottawa Plant, Kalmar.



Further information for the press:

Michel van Roozendaal, President, Kalmar Mobile Solutions

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, distribution centres and to 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 2021 totalled approximately EUR 3.3 billion and it employs around 11,000 people. www.cargotec.com


Attachments

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Press Release on the Filing of a Draft Offer Document Relating to the Simplified Tender Offer For the shares of Believe initiated by Upbeat BidCo SAS26.4.2024 15:20:00 CEST | Press release

PRICE OF THE OFFER: €15 per Believe share DURATION OF THE OFFER: 15 trading days The timetable of the tender offer (the “Offer”) will be set out by the Autorité des marchés financiers (the “AMF”) in accordance with the provisions of its General Regulation. This press release (the “Press Release”) was prepared by Upbeat BidCo and published pursuant to Article 231-16 of the General Regulation of the AMF. The offer and the draft offer document remain subject to review by the AMF. IMPORTANT NOTICE The Press Release must be read together with all other documents published in connection with the Offer. In particular, in accordance with Article 231-28 of the General Regulation of the AMF, a description of the legal, financial and accounting characteristics of Upbeat BidCo will be filed with the AMF and made available to the public no later than the day preceding the opening of the Offer. A press release will be issued to inform the public of the manner in which this information will be made a

The arbitral tribunal has confirmed GF’s redemption right over the minority shares in Uponor and trading in Uponor’s shares has been suspended26.4.2024 15:15:00 CEST | Press release

Uponor Corporation, Stock Exchange Release, April 26, 2024, 4.15 p.m. EET The arbitral tribunal has confirmed GF’s redemption right over the minority shares in Uponor and trading in Uponor’s shares has been suspended The arbitral tribunal appointed by the Redemption Committee of the Finland Chamber of Commerce in connection with the redemption proceedings concerning the minority shares in Uponor Corporation (“Uponor”) has in its interim award confirmed that Georg Fischer AG (“GF”) has the right to redeem the minority shares in Uponor and that GF has the right to obtain title to the minority shares by posting a security approved by the arbitral tribunal for the payment of the redemption price and the possible interest accruing thereon. Uponor announced on March 22, 2024, that Uponor has resolved to apply for the termination of public trading in its shares and for the delisting of its shares from the Official List of Nasdaq Helsinki Ltd (“Nasdaq Helsinki”) so that the delisting would occ

Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.)26.4.2024 15:00:00 CEST | Press release

ORION CORPORATION STOCK EXCHANGE RELEASE – MAJOR SHAREHOLDER ANNOUNCEMENTS 26 APRIL 2024 at 16.00 EEST Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.) Orion Corporation has received a disclosure under Chapter 9, Section 5 of the Securities Market Act, according to which the total number of Orion shares owned directly, indirectly and through financial instruments by BlackRock, Inc. and its funds decreased on 25 April 2024 below five (5) per cent of Orion Corporation’s total shares. Total positions of BlackRock, Inc. and its funds subject to notification: % of shares and voting rights (total of point A)% of shares and voting rights through financial instruments (total of point B)Total of both in % (points A + B)Total number of shares and voting rights of issuer Resulting situation on the date on which threshold was crossed or reached Below 5% shares Below 5% voting rights Below 5% shares Below 5% voting rights Below 5% shares Below

Decisions of the Organisational Meeting of Harvia Plc’s Board of Directors26.4.2024 15:00:00 CEST | Press release

STOCK EXCHANGE RELEASE 26 April 2024, at 4.00 p.m. EEST Decisions of the Organisational Meeting of Harvia Plc’s Board of Directors Heiner Olbrich was elected the Chair and Catharina Stackelberg-Hammarén was elected the Vice Chair of the Board of Directors at the Board of Directors’ organisational meeting that took place today after Harvia Plc’s Annual General Meeting. Board of Directors elected from among its members Hille Korhonen (Chair), Anders Holmén and Markus Lengauer as members of the Audit Committee. In addition, Harvia Plc’s Board of Directors decided to establish a Personnel and Remuneration Committee. The Committee’s task is to assist the Board of Directors in issues related to personnel and remuneration. The Board of Directors elected from among its members Heiner Olbrich (Chair), Olli Liitola and Catharina Stackelberg-Hammarén as members of the Personnel and Remuneration Committee. Independence of the members of the Board of Directors The Board of Directors assessed the in

Ålandsbanken Abp: Transaktioner utförda av personer i ledande ställning (Eurell)26.4.2024 15:00:00 CEST | Pressemelding

Ålandsbanken Abp Transaktioner utförda av personer i ledande ställning 26.4.2024 kl.16.00 EET Transaktioner utförda av personer i ledande ställning Den anmälningsskyldiga Namn: Jan-Gunnar Eurell Befattning: Ekonomidirektör Emittent: Ålandsbanken Abp LEI: 7437006WYM821IJ3MN73 Anmälans karaktär: FÖRSTA ANMÄLAN Referensnummer: 60063/8/4 Transaktionens datum: 2024-04-26 Handelsplats: NASDAQ HELSINKI LTD (XHEL) Instrument typ: AKTIE ISIN: FI0009001127 Transaktionens karaktär: FÖRVÄRV Detaljer om transaktionerna (1): Volym: 265 Enhetspris: 34.1611 EUR Aggregerad information om transaktionerna (1): Volym: 265 Medelpris: 34.1611 EUR Ytterligare information: Peter Wiklöf, Vd och koncernchef, Ålandsbanken Abp, tfn +358 40 512 7505

HiddenA line styled icon from Orion Icon Library.Eye