Skip to main content

Panama support deal for Terex Trucks

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 he
February 13, 2017 Read time: 2 mins
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 8081 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.

For more information on companies in this article

Related Content

  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
  • Haul truck developments
    October 31, 2022
    Several key manufacturers are offering improved designs for the ADT market, with new names also entering this segment
  • Terex MP buys Canadian concrete mixer company
    August 2, 2022
    Terex Materials Processing (MP) has acquired Canadian company ProAll, a specialist producer of mobile volumetric concrete mixers.
  • Dutch team wins Volvo contest
    February 27, 2012
    A team from the Netherlands has secured a hard-won victory in Volvo Construction Equipment's gruelling Masters Final held in Eskilstuna, Sweden. Five teams from across the world took part in the final, which recognises teams of parts and service technicians from across Volvo Construction Equipment's global network. The winning team, from the dealer Kuiken in the Netherlands, comprised Gido Bennink, Frans van Boxmeer, Jos Houben and was lead by Harco Christiaens.