Detroit Diesel Secures DDC/MTU Series 2000 Haul Truck Order
19 October 1998
Detroit Diesel Secures DDC/MTU Series 2000 Haul Truck OrderDETROIT, Oct. 19 -- Detroit Diesel Corporation announced today that Unit Rig, a mining division of Terex Corporation, and Coal India have selected the DDC/MTU 16V2000 engine to power 160 haul trucks. The Unit Rig 120 ton haul truck, powered by the 16V2000 engine, will provide the mining market significant advantages in extended life, high reliability, superior fuel economy and reduced cost of operation. Nick Vermet, Senior Vice President of Off-Highway Products for Detroit Diesel, said, "The DDC/MTU Series 2000 engine is an integral part of our 'Power Evolution' program which represents the latest in engine technology at Detroit Diesel. We are pleased with Coal India's selection of the Series 2000 engine based on performance, economy, low operating costs and Detroit Diesel's focus on customer satisfaction." The DDC/MTU Series 2000 engine represents the combined capabilities of MTU (Motoren- und Turbinen-Union Friedrichschafen GmbH) and Detroit Diesel Corporation. Features of the DDC/MTU 16V2000, rated at 1205 hp, include a patented unit pump injection system controlled by the proven DDEC system. The construction and industrial Series 2000 family includes 8, 12 and 16 cylinder models with horsepower from 525-1340. The commonality of design is beneficial to all customers as the requirements for parts inventories, special tools and training are all reduced. Unit Rig has won a significant contract to build giant mining trucks for the government of India. Coal India is a government owned mining conglomerate responsible for mining activities in India. The 160 unit order represents one of the largest haul truck purchases ever made. Terex Corporation is a global manufacturer of capital equipment used primarily in the construction, infrastructure and surface mining industries. Terex operates in two business segments: (1) Terex Lifting - mobile hydraulic telescopic cranes and boom trucks, aerial work platforms, telescopic container stackers, utility aerial devices, and telescopic lift- trucks; and (2) Terex Earthmoving -- rigid and articulated off-highway trucks, scrapers, diesel electric mining trucks and large mining hydraulic excavators produced by the recently acquired O&K Mining GmbH. Terex's products are manufactured under the following well-known brand names: Terex Cranes, Terex Aerials, Terex Handlers, Bendini, PPM, P&H, Terex, O&K, Unit Rig, Koehring, Telelect/HIRanger, RO/Stinger, Simon, Marklift and Square Shooter. Detroit Diesel Corporation is engaged in the design, manufacture, sale and service of heavy-duty diesel and alternative fuel engines, automotive diesel engines, and engine-related products; and provides financing through Detroit Diesel Capital Corporation. The Company offers a complete line of diesel engines from ten to 10,000 horsepower for the on-highway; off-road; automotive; and power generation markets. Detroit Diesel services these markets directly through a worldwide network of more than 2,500 authorized distributors and dealers. DDC is a QS-9000 certified company. Detroit Diesel's major shareholder is Penske Corporation, a closely-held, diversified transportation services company whose operations include Penske Truck Leasing Company, Diesel Technology Company, Penske Automotive Group, Inc., Penske Auto Centers, Inc., Penske Motorsports, Inc., and Penske Capital Partner's. The Penske group of businesses has annual revenues exceeding $6 billion and employs more than 28,000 people around the world.