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

  • Allison is introducing new transmission technologies
    January 6, 2017
    Allison aims to retain its strong position in the transmission market with its latest array of products. Key machines featuring Allison transmissions will include equipment from Astra, Hino, Mercedes, Randon and Perlini. The Mercedes Zetros 1833 is a novel 4x4 underground mining tractor, while Bell is showing its new B25E and B30E articulated dump trucks, all of which are equipped with the latest Allison 3000 Series fully automatic transmissions. Rigid truck transmissions from Allison will be fitted to the
  • Allison is introducing new transmission technologies
    March 15, 2013
    Allison aims to retain its strong position in the transmission market with its latest array of products. Key machines featuring Allison transmissions will include equipment from Astra, Hino, Mercedes, Randon and Perlini. The Mercedes Zetros 1833 is a novel 4x4 underground mining tractor, while Bell is showing its new B25E and B30E articulated dump trucks, all of which are equipped with the latest Allison 3000 Series fully automatic transmissions. Rigid truck transmissions from Allison will be fitted to the
  • Booming Chinese aggregate demand
    February 22, 2013
    Global demand for construction aggregates is set to increase 5.2% a year until 2015 to 48.3 billion tonnes, according to research by The Freedonia Group in the United States. The same source tips China alone to account for half of all new aggregate demand worldwide in the period 2010-2015. Guy Woodford reports on the growing importance of the Asian aggregates market. China is already the biggest nation for aggregate production and use in the world, and the competition among the giants of aggregate productio
  • Volvo invests
    March 2, 2012
    A huge investment in its manufacturing operations is being made by Volvo Construction Equipment and the firm is also seeing the head of the division become CEO of the entire group.