Finning International Inc. (TSX:FTT) announced today that its South American operation has been awarded a contract valued at US$190 million with Codelco, Chile's state owned copper mining company.
Under this contract, Finning will supply 10 Caterpillar 797F trucks to Codelco's Ministro Hales mine in Calama, Chile. Finning will begin delivering this equipment in 2013. In addition, Finning has been awarded a ten-year maintenance services contract for the trucks. The equipment will complement Ministro Hales' existing Caterpillar fleet.
"We are extremely pleased to build on our relationship with Codelco to further support their Ministro Hales project," said Marcello Marchese, president of Finning South America. "The mining sector continues to represent a great long-term opportunity for Finning."
Finning International Inc. is the world's largest Caterpillar equipment dealer delivering unrivalled service to customers for 80 years. Finning sells, rents and services equipment and engines to help customers maximize productivity. Headquartered in Vancouver, B.C., the Company operates in Western Canada, Chile, Argentina, Bolivia, Uruguay, as well as in the United Kingdom and Ireland.
