The purchase of 41 hectares of land was finalised in June 2009 and plans are “proceeding on schedule”.

Production is planned to start during the second quarter of 2010. The facility will eventually accommodate some 200 employees.

The new unit will support the production of a wide range of Cargotec’s cargo handling equipment.

“Being present in the Stargard Szczecinski area offers excellent road and waterway connections to our markets in Europe,” says Axel Leijonhufvud, Cargotec executive vice president, product supply. “We are also very pleased about the good and fruitful cooperation we have had with the local government.”