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Heavy Equipment
February 23, 2010
Finning to sell trucks to Chilean mining company Codelco
VANCOUVER
Heavy equipment dealer Finning International Inc. said its South American division has received a letter of intent outlining a US$400-million sale of mining trucks to Codelco, Chile’s state-owned mining company.
The deal would see Finning supply of 20 Caterpillar 797 mining trucks and 15 pieces of support equipment, alongside a 10-year maintenance and repair contract.
The deal is subject to final project approval by Codelco’s board, expected in mid 2010. Delivery would come in the first half of 2011.
Vancouver-based Finning is the world’s largest Caterpillar equipment dealer.
Canadian Press
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