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

  • JCB loans machine fleet to aid British flood disaster relief work
    February 13, 2014
    JCB is reacting to the British flood disaster by deploying a €908,760 (£750,000) fleet of machines complete with operators to help stricken families. The company today announced that four of its high-speed, high ground clearance Fastrac tractors equipped with trailers and two of its iconic backhoe loaders were being despatched to the worst affected areas. The Fastrac tractors will be deployed in areas where people and livestock need moving from advancing flood waters. The JCB backhoe, with its ability t
  • Latin America construction machine demand to grow
    December 15, 2017
    Demand in Latin America for heavy construction equipment is expected to continue growing - Allied Market Research reports. Latin America is set to see strong growth in demand for construction machines. This is according to a new report published by Allied Market Research, called Latin America Heavy Construction Equipment Market by Equipment, Application, and End User: Opportunity Analysis and Industry Forecast, 2014-2022. The report shows that the market size for Latin America’s off-highway equipment sector
  • Case construction machines boost dealership network
    February 21, 2012
    Case Construction Equipment has added to its dealer network with the appointment of Sleator Plant in Northern Ireland, and Southern Plant across much of central south-east England.
  • JCB announces successor to CEO Alan Blake
    June 13, 2013
    JCB has announced a successor to CEO Alan Blake who is to retire at the end of the year. Blake, 63, joined JCB in 1989 and became CEO in 2010 after holding a number of senior positions in the company, and after leading the biggest production expansion in JCB’s history. Since his appointment as CEO, Alan has presided over the company’s return to sales and production growth against a backdrop of continued economic uncertainty around the world, including last year’s 10% contraction in the global construction e