Cargotec publishes restated 2023 financial report, Kalmar separates on June 30, 2024
NewsThe operating profit percentages for the different business areas varied throughout the year, with Kalmar at 12.9%, Hiab at 14.1%, and MacGr...
Kalmar supplies APM Terminals Pier 400 LA with electric AutoStrads
NewsThe two Kalmar electric straddle carriers will feature batteries with an operation time of 45–50 minutes and a charging time of five to si...
Cargotec’s demerger plan progresses
NewsCargotec is to reorganise and as part of this plan Kalmar, which is the division responsible for designing and manufacturing equipment for h...
Kalmar demerger from Cargotec takes next step
NewsSami Niiranen has been appointed as President of Kalmar and proposed as the new CEO of the potential separately-listed, standalone Kalmar; K...
Kalmar to take Lonestar electric terminal tractors
NewsThe acquisition will boost Kalmar’s electric yard tractor offering in North America...
Changes at Cargotec
NewsPekka Ala-Pietilä has been proposed as the Chair of the Board of the potential separately listed standalone Kalmar and will chair a new Dem...
Kalmar sales up 29%
NewsDespite a 23% decline in orders in Q2 2023, Kalmar managed to post a 29% increase in sales by finishing and delivering more equipment as com...
Clean steel option for Cargotec
NewsCargotec and SSAB partner to “bring new zero-emission recycled steel to the cargo and load handling industry.”...
Cargotec mulls launching Kalmar and Hiab as separate businesses
NewsCargotec’s two leading cargo and materials handling brands could become two standalone companies later this year; it is hoped to sell MacG...
Cargotec on the road to its 12% margin target
NewsKalmar and Hiab are performing well, but Macgregor remains a drag on Cargotec’s performance and is not yet ready for sale; prices for equi...
Kalmar starts serial production of electric reach stackers in Poland
NewsThis is the clearest sign that electric reach stackers are a commercial product, but adoption will be tied to the pace of customers’ decar...
Cargotec will offer MacGregor for sale, but not yet
NewsCargotec has completed the strategic evaluation of MacGregor. Based on that evaluation, the company has concluded that MacGregor will not be...
Cargotec on the road to higher profitability
NewsCargotec’s order book grew 38% in Q3 2022, but supply chain challenges “still limit our ability to fully respond to demand,” said Carg...
HIAB launches railway loader cranes
NewsHiab, part of Cargotec, has introduced a new advanced HIAB railway loader crane range with the new SPACEevo control system...
Kalmar to transfer heavy cranes business
NewsKalmar’s STS and yard gantry crane assets and intellectual property will go to Rainbow Industries Co. Ltd (RIC) in China....