It will distribute dozens of models from the Terex line of rough terrain, all terrain, lattice boom crawler, boom truck and truck cranes lines.
Steve Filipov, president of developing markets for Terex Corporation, said:
"Over the past few months, we have seen increased demand in Mongolia due to the local investments in mining and infrastructure.
"Supplying the Mongolian market with the exact equipment it needs, and providing the best local service to our customers, are major priorities for Terex.
"We are delighted to appoint Newcom Mining Services as distributor for our diversified range of equipment in Mongolia."
Newcom Mining Services is expanding its rental facilties, it said.
John Karlsen, CEO of Newcom Mining Services, said, "Our first year in business has been very rewarding. We have nearly completed construction on what will be the largest rental facility in the Gobi Desert."
"We are proud to bring this world-class manufacturer to Mongolia, and glad that they have decided to be represented, here, by a Mongolian-owned company. We are excited to share leadership with the other fine Mongolian-owned companies that are developing their capabilities here.
"We’d like to invite all interested parties to come and visit our facility, which is located 30 minutes west of Tsogt-Setseii, and experience our progress. We think they’ll be impressed."
Newcom Mining Services will also distribute equipment used in construction, infrastructure, quarrying, mining, refining, recycling, energy and utility industries.
Additional equipment includes processing equipment, aerial work platforms and excavators.