CT Compact Truck, the Swiss/German company that makes compact all-terrain cranes, has sold a manufacturing and marketing licence to Terex Lifting. From March next year Terex plans to build 200 of the CT-designed cranes a year in Europe and market them in its own colours in competition both with CT Compact Truck itself and Terex PPM’s all-terrain machines.
The deal was announced at the Intermat show in Paris last month, enabling Terex Lifitng president Fil Filipov to steal headlines without even exhibiting at the show.
Full details appear in the June 2000 issue of Cranes Today.