A FOUR-MODEL RIGID HAULER RANGE COULD BE THE LAST BEARING THE TEREX TRUCKS NAME
Why a new four-model rigid hauler range could be the last bearing the Terex Trucks name
It may have taken almost four years, but 6olvo Construction Equipment has lnally announced plans to enter the rigid hauler market in Q2 2018 with its own branded machines developed alongside its Scotland-based subsidiary Terex Trucks.
News that executives in Gothenburg were looking across the North Sea at Terex’ plant in Motherwell lrst surfaced towards the end of 201 . At the time, the mining and Quarrying sector was still one of the better performing global industries for machinery manufacturers but that was soon to end. Following falls in gold and silver, iron ore, copper, and coal prices slumped in 201 and would take years to recover.
Only two years before, Caterpillar had shelled out $8.6bn – its biggest ever deal – to buy mining equipment maker, Bucyrus, as commodities rode out the storm of the global economic crisis (largely) on the back of growth in the BRICS economies. With that deal now viewed by some as an over-priced move by the Peoria-based giant – analysts estimate it was worth 15 times the ebitda - the relatively modest $100mn reportedly spent by 6olvo CE to buy Terex Trucks was a sign of the deal’s status as a simple rounding off of 6olvo CE’S offering to the sector, as well as an indication of the turbulence that was beginning to swill against the sector.
Fast-forward to 2018 and commodity prices are once again running hot.
into January, copper was enjoying its best performance in decades, zinc is at a 10-year high and gold is over the 1, 00 per ounce barrier The Trump administration’s failure to secure subsidies for the coal industry apart, the mining and Quarrying sector is looking strong. A good time then for 6olvo to be coming to the market with four machines bearing its iron-marque.
)n a boon to Quarrying companies in the region, 6olvo says the range is initially launching in less regulated markets. The three smaller (if you can call a truck that can carry 72t as @small’ machines of the line-up - the
t 2 $, 0t 2 0$, 72t 270$ n are rigid haulers that are based on the existing T2-3eries, which has been a lxture in countries such as the 5A% and Oman for a number of years.
6olvo says it undertook an in-depth review on these models and its engineering teams from both sides of the .orth 3ea have clearly been lnding ways to tangle the Swedish company’s DNA with the grunt and raw power of the Terex Trucks range. 6isibility has been improved and safety features have likewise been addressed to be closer to 6olvo C%’s other products. While its early statement on the launch doesn’t specify regional differences, it is reassuring that it also wanted to slip the rigid trucks into its technical support network – which has been a notable strength of its approach to this region.
100t rigid dump trucks rank among the most immense and impressive vehicles ever designed by the human mind. Terex Trucks’ own T2-100 has racked up venerable service in the -iddle %ast scaling Quarry faces such as the massive Stevin Rock limestone escarpments of Ras Al Khaimah to haul giant rocks off the mountain-sides for years. However, the diligent worker is likely to be now succeeded by the magship (6olvo C%’s words 100T (or 95T) R100E.
Ahead of its launch, 6olvo CE has stressed that the E-series R100E is a completely new rigid hauler: “that combines a wealth of market and customer knowledge with proven components, new technologies, and a striking new design – all providing a cost-effective and productive solution to fulll the needs of today’s mining and Quarrying customers.v
According to the company, the R100E has been designed to meet demands for a rigid hauler that delivers “high performance and productivity, low total cost of ownership, easy serviceability, and good operator comfort. With its high capacity and hauling speeds, new 6-shaped body, intelligent monitoring systems, and operator environment, the R100E will help customers move more material in less time.”
0aul Douglas, 6olvo CE’S 60 of Rigid Haulers and Terex Trucks, has described the contribution of 6olvo CE as adding muscle to the operation and believes that one of the strengths of the E-series R100E is the fact that it is Quick and simple to operate and maintain despite its huge size. He added: “The new E-series R100E is a completely new machine that delivers stability, a long service life, high proltability, durability and comfort.”
While the new rigid haulers are being manufactured at a rebranded 6olvo Motherwell production facility (and sold exclusively through the 6olvo dealer network), they will continue to be designed, built, and developed at the facility, and distributed using the pre-existing Terex Trucks independent dealer network.
Thomas "itter, S60 of the Marketing and Product Portfolio (MAPP) function at 6olvo CE, said the R100E and the other vehicles should “impress” its customers in the industry as they begin to roll-out into the leld.
“Our purchase of Terex Trucks in 201 was a strategic decision that allowed 6olvo to offer customers a rigid hauler option. Since then, we’ve been working to design a completely new rigid hauler that builds on Terex Trucks’ -year heritage, while also incorporating 6olvo CE’S industryleading technology and core values of Quality, safety, and environmental care. Today, we move to the next stage, and the new 6olvo machines, especially the E-series R100E, are the outcome of this work. We’re conldent that they will impress customers working in the mining and Quarrying segments.”
6olvo CE has intimated that as a result of the launch of the 6olvo-branded rigid haulers, production of Terex Trucks rigid haulers will eventually come to an end. Douglas started as a graduate 0 years ago at the Motherwell factory and believes the Terex Trucks heritage will live on.
“Terex Trucks’ rigid haulers are known for performing well in tough conditions, while also being easy to maintain and delivering low cost of ownership,” said Douglas. “Our proven design has provided a strong DNA on which to help develop 6olvo CE’S innovative entry into this product line.”