Panama support deal for Terex Trucks
First publishedin World Highways
The rigid truck models from Terex Trucks will suit extraction operations in Panama
Terex Trucks has appointed family-run business F Icaza as its official dealer for Panama
The firm will handle parts, sales, service and maintenance support for the Terex Trucks brand of articulated and rigid haulers in the Republic of Panama. Headquartered in Panama City, the company operates five branches across the country and has a long history in the construction industry.
The 150 year-old company moved into the construction equipment sector when the Panama Canal was first built, and finally, in 1946 a collaboration with Allis Chalmers Corporation helped F Icaza settle in the world of heavy equipment machinery.
With customers operating across the development of infrastructure, mining, road maintenance, and housing, F Icaza has a strong portfolio of leading construction equipment brands. It is expanding its operations and in the last quarter of 2016 is opening its new Panama East-located facility.
South of Costa Rica and north of Colombia, Panama is the southernmost of the Central American nations, with a population of nearly four million people. The recent achievement of the expansion of the Canal enables the country to handle around 80% of the world’s cargo ships.
However in the years leading up to the Canal’s completion, Panama’s economy succumbed to the global recession, and its growth started to slow. Nonetheless, regarded as a young and enthusiastic culture, Panama’s market still holds much promise and is especially attractive where construction is concerned.
Made in Motherwell, Scotland, Terex Trucks’ four rigid dump trucks – the TR45, TR60, TR70, and TR100 – offer payloads ranging from 41-91tonnes, while its three models of articulated haulers – TA250, TA300, and TA400 – provide payloads from 25-38tonnes.