Ads
News service and business centre for materials handlingHOME
/lynad/news_adclick.asp?assid=19992/lynad/news_adclick.asp?assid=19993/lynad/news_adclick.asp?assid=19994/lynad/news_adclick.asp?assid=19995/lynad/news_adclick.asp?assid=19996
Ads
17455

Terex to make CVS Ferrari tractors


Wednesday, 20 Apr 2016 ( #766 ) - Roveleto di Cadeo, Italy
News Story
Terex will manufacture CVS Ferrari Terminal and RoRo Tractors.
Manitex International has entered into an agreement with Terex Port Solutions under which Manitex has transferred to TPS the intellectual property and manufacturing rights of the Terminal Tractor and RoRo Tractor Product Lines of its wholly owned CVS Ferrari operation.

The contract includes a private labelling agreement under which the Terminal and RoRo Tractors originally developed by CVS Ferrari will still be available for sale to CVS Ferrari and its distribution organisation around the world.

Stefano Mercati, general manager of CVS Ferrari, says the move follows the need for larger manufacturing volumes and economies of scale benefits that manufacturing of the tractor product line requires in order to stay competitive.

The transfer of production of the range to Terex Port Solutions will free needed production space at the CVS Ferrari Roveleto di Cadeo factory to accommodate an increase in production capacity of the reach stackers and lift trucks made by the Italian division of Manitex International.

CVS Ferrari will continue to support its existing Terminal and RoRo Tractors customers as well as the new CVS Ferrari-customised and -branded units through its own parts and service organisation.

US-based Manitex acquired CVS in 2011.
Discuss Forkliftaction.com News stories in the Discussion Forums!
 
x
©Forkliftaction.com
Forkliftaction Media Pty Ltd
PO Box 1439
Milton QLD 4064
Australia
Contact Forkliftaction.com
About Forkliftaction
The Forkliftaction Team
Privacy Policy
Site Map
Help
Business Directory
Discussion Forums
Industry News
Events Calendar
Jobs & Resumes
Photo Galleries
Blog articles
Our Bloggers

Industry Brands
Company Index
Regions & Countries
Machinery-onQ.com

Advertise on Forkliftaction
Editorial Features / Calendar
Featured Businesses
Past News Editions
Industry Associations
Storing your login information automatically.

When you select the 'Remember me' option, your login information will be stored on your computer in the form of a cookie. When you visit Forkliftaction.com again, the stored login information will be retrieved automatically and you will not have to submit your login parameters (email address and password) each time you want to visit our members-only pages.

A cookie is a small piece of data that is sent to your browser from a web server and stored on your computer's hard drive. A cookie can't read data off your hard disk or read cookie files created by other sites. Cookies do not damage your system.

x