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Cavotec: More new members join Port Equipment Manufacturers Association.


STOCKHOLM Stockholm (stŏk`hôlm'), city (1995 pop. 692,954), capital of Sweden and of Stockholm co., E Sweden, situated where Lake Mälaren flows into the Baltic Sea. , Sweden Sweden, Swed. Sverige, officially Kingdom of Sweden, constitutional monarchy (2005 est. pop. 9,002,000), 173,648 sq mi (449,750 sq km), N Europe, occupying the eastern part of the Scandinavian peninsula.  -- Regulatory News:

The Port Equipment Manufacturers Association (PEMA PEMA Pennsylvania Emergency Management Agency
PEMA Poly Ethyl Methacrylate
PEMA Process Equipment Manufacturers Association
PEMA Peromyscus Maniculatus (deer mouse)
PEMA Procurement of Equipment and Missiles, Army
) is pleased to announce its continued growth with the incorporation of two new member companies: crane manufacturer Terex Cranes and container logistics solutions designer Loxystem AB.

"It's a pleasure to welcome new members to PEMA. We look forward to working with our colleagues at both Terex and Loxystem; both companies bring with them a wealth of industry experience from their specific areas of expertise," says PEMA President, Ottonel Popesco.

With 50 manufacturing facilities worldwide and sales in 170 countries, Terex is one of the largest construction equipment companies in the world. The Terex Cranes division supplies a wide range of high performance mobile cranes A mobile crane is a crane device traveling over rubber-tired wheels.

The rubber tires are used to transport the crane from one place to the other. The wheel system is similar to the one used in an airplane's landing system.
 to various industry sectors, including the international ports market, where the company currently specialises in the manufacture of container handling reach stackers A Reach Stacker is one of the most flexible handling solutions weather to operate a small terminal or a medium sized port.

Reach stackers are able to transport a container in short distances very quickly and pile them in various rows depending on its access.
.

Swedish-headquartered Loxystem develops innovative new products for container logistics, making use of the latest technology to help increase port security, productivity and safety. The company's new Remote Controlled Automatic Twistlock (RAT) is designed to speed vessel turnaround Turnaround

A situation where a company that has had poor performance for an extended period of time experiences a positive reversal.

Notes:
A speculator may profit from a turnaround if he or she accurately anticipates the improvement of a poorly performing company.
, reduce labour costs and improve worker safety by enabling containers to be discharged immediately upon arrival of the vessel without the need to manually unlock twistlocks.

PEMA represents the interests of the world's port equipment sector to governments, international agencies and non-governmental organisations. PEMA also provides a forum for members to discuss issues, exchange expertise and reach common positions on industry norms.

For more information on PEMA and its activities, please visit www.pema.org.

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Publication:Business Wire
Date:Jul 9, 2009
Words:260
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