Scania to Supply Engines to Terex Corp.

Scania last week signed a long-term agreement with Terex to supply engines for some vehicles and other heavy equipment manufactured and sold by Terex, starting in 2011.

“In addition to meeting the new emission standards, Scania engines deliver fuel efficiency and low maintenance costs, resulting in low total ownership cost for the end user,” said Robert Sobocki, senior vice president, Scania Engines. “Scania is committed to best-in-class service and its global support network for industrial engines will be ready to meet the high product support standards of Terex equipment customers.”

The transition for affected Terex products will go into effect in time for the phase-in of emissions standards — Stage IIIB and Tier 4i — that will begin in 2011 in Europe and North America, respectively.

“We can choose whatever engine technology that is optimal for our product applications,” said Jacob Thomas, senior vice president, product development, marketing, and Terex business system. “Our approach is to look at what our end users and dealers want in terms of purchase cost, operating costs, reliability, maintainability and product support. Not being an engine manufacturer, Terex has the flexibility to choose the best technical solution for each of its product applications and does not have to select a one-size-fits-all approach. Scania has the technological expertise and resources to meet our requirements in key product applications and has an outstanding reputation globally.”

Throughout 2010, Terex will continue working with its distribution network and customers to prepare for the transition to the new emission standards.

Terex Corp. is a diversified global manufacturer with 2008 net sales of $9.9 billion. It operates in four business segments: Terex Aerial Work Platforms, Terex Construction, Terex Cranes and Terex Materials Processing & Mining.

Scania is a global manufacturer of trucks and buses for heavy transport applications, and of industrial and marine engines.

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