Terex Material Handling & Port Sltns : Port Solutions will supply 20 ® Straddle Carriers to Port Newark Container Terminal

Würzburg, 09. June 2015

Terex Port Solutions (TPS) has received an order from Port Newark Container Terminal LLC (PNCT), Newark, New Jersey, a 50/50 joint-venture between Ports America and Terminal Investment Limited (TIL), for 20 new Terex® straddle carriers. The equipment will be in service by the end of July 2015, increasing the total number of Terex machines delivered to this terminal operator to 118. These new straddle carriers will be equipped with eco-friendly diesel-electric drives and winter packages for enhanced operation, even in extremely cold conditions. The order includes comprehensive training of PNCT service staff.

"With the latest generation of machines from TPS, we plan to significantly increase the productivity and reliability of our operations and reduce the power consumption and pollutant emissions of our container terminal the long term," says Scott Schoenfeld, Chief Operating Officer at PNCT. The twelve new Terex N SC 634 E straddle carriers for the handling of 1-over-2 high-cube containers are mainly used for the service between container cranes and stackyard, the eight higher Terex N SC 644 E straddle carriers with a stacking capacity of 1-over-3 high-cube containers are intended mainly for management of the container stackyard.

PNCT in the USA pioneering the eco-friendly operation of straddle carriers
The 20 new container handling machines are the first straddle carriers with diesel engines supplied to the USA which comply with the requirements of the EPA Tier 4 final (EU Stage IV) emissions standard. "PNCT is pioneering eco-friendly, low-emission container handling in the USA with this investment in state-of-the-art technology", comments Schoenfeld on the purchase of the N SC 634 E and N SC 644 E straddle carriers. Lutz Wächter, General Manager of the TPS site at Würzburg, adds: "With this delivery to our longstanding customer PNCT, who we have been supplying continuously since the year 2000, the number of Terex straddle carriers sold to the US and Europe complying with the EPA Tier 4 final (EU Stage IV) standard has reached a total of 86 machines. This makes TPS the supplier in the market with the greatest experience of this drive technology for straddle carriers."

Local service increases availability of straddle carrier fleet
In addition to its existing permanent service center for straddle carriers in the New Jersey area, TPS will provide its customer with a standby service technician from TPS in Würzburg for a period of 24 months. "By taking this step, we are satisfying a special request from PNCT and, in this way, aim to achieve higher availability of the straddle carrier fleet," explains Joe Krider, Vice President Supra Region Americas, Terex Port Solutions.

About Terex Port Solutions
Terex Port Solutions is part of the Material Handling & Port Solutions business segment of Terex Corporation that supplies customers in ports with a unique combination of machines, software and services under the Terex and Terex Gottwald brands. Whether it is ship-to-shore cranes, reach stackers or fully automated, integrated handling systems for containers and bulk, Terex Port Solutions provides reliable solutions for rapid, safe, efficient handling of all forms of cargo with low downtimes and excellent return on investment.

About Terex
Terex Corporation is a lifting and material handling solutions company reporting in five business segments: Aerial Work Platforms, Construction, Cranes, Material Handling & Port Solutions and Materials Processing. Terex manufactures a broad range of equipment serving customers in various industries, including the construction, infrastructure, manufacturing, shipping, transportation, refining, energy, utility, quarrying and mining industries. Terex offers financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services. Terex uses its website (www.terex.com) and Facebook page (www.facebook.com/TerexCorporation) to make information available to its investors and the market.