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

  • High production asphalt pavers deliver performance
    February 28, 2012
    US style high production pavers are seeing key performance gains - Mike Woof reports. Exhaust emissions regulations and ever tougher safety requirements have pushed manufacturers to develop new and improved pavers aimed at the US market. The rivalry between manufacturers of these machines has also intensified. European manufacturers have developed their own US style pavers in recent years. BOMAG, Dynapac and Vögele have all designed machines using the benefit of their US engineering input in a bid to target
  • XCMG sets out six stage path for future plans
    October 14, 2013
    XCMG has seen strong exports, with one deal in particular providing a major boost to turnover - Mike Woof writes It is rare that a single machine order can provide a substantial portion of a large manufacturer’s annual results. However the firm’s massive contract signed with the Venezuelan Government was a major boost to XCMG; the supply of no less than 6025 machines in a deal worth some US$750 million. This order came at an important time for the company when the world demand for construction equipment sl
  • It’s back and it’s big: Caterpillar’s 6015B hydraulic shovel
    April 15, 2016
    The Cat 6015B shovel is back, thanks to innovative upgrades on a previous model, the robust and productive Cat 5110B that was last produced a decade ago.
  • CTT 2012/CONEXPO Russia visitors up 20%
    June 13, 2012
    A 20% rise in visitors and a 15% increase in exhibitors at this year’s CTT 2012/CONEXPO Russia, compared to 2011 show levels, illustrated the attraction of big infrastructure project spending Russia to the world’s largest construction equipment companies. Major global brands such as JCB, John Deere, Volvo Construction Equipment (CE), Komatsu, Liebherr, and Wirtgen were among the 911 construction equipment companies from 28 different countries present for the five-day event covering more than 124,000m² at th