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

  • LiuGong develops new operating strategy to meet challenges
    August 20, 2015
    Chinese manufacturer LiuGong has adjusted its strategy to meet the changes in the construction machinery industry Slow recovery from the global economic recession has impacted on the construction machinery industry. Intense regional, political and economic situations, low demand for resources, a decrease in emerging economies and conservative investment have led to a sharp decrease in demand for heavy machinery. LiuGong is tackling this using its refined initiative programme, however, and the firm sa
  • Concrete solution for Georgia's Silk Road section
    February 20, 2012
    The E60 highway project forms a key route of strategic importance for both Europe and Asia. This long road from the port of Brest in France, crosses Germany, Austria, Hungary, Romania, Switzerland, Georgia, Azerbaijan, Turkmenistan, Tajikistan, Uzbekistan, and ends at Irkeshtam in Kyrgzstan.
  • Terex Finlay welcomes market buoyancy
    March 9, 2017
    Terex Finlay is looking to capitalise on healthy North American demand for premium crushing and screening equipment. “The North America market has been very buoyant for us and it’s growing every year,” said Alan Witherow, Terex Finlay’s product manager. “Talking to some of our dealers on the first day-and-a-half of the show, the mood is very positive.”
  • Zoomlion growing worldwide, particularly in lifting and concrete machine operations
    November 12, 2014
    Zoomlion is confident of future growth in its share of the world market for construction machines - Mike Woof writes Chinese manufacturers now lead the world in both lifting and concrete delivery systems, with Zoomlion featuring a particularly high profile. As one of the biggest manufacturers of construction equipment in China, Changsha-based Zoomlion is now a leading player worldwide in truck cranes, crawler cranes and tower cranes in particular. The firm recently raised its profile by combining its mobil