Morrow Equipment in the USA Increases their Alimak Hoist Fleet by Ordering a Further 20 ALIMAK SCANDO 650s at Bauma Expo, Munich

Morrow Equipment Company, North America’s leading towercrane
rental company, has ordered an additional 20 Alimak hoists from the Alimak Hek
Group, bringing the number of Alimak hoists it has purchased since early 2005 to
approximately 200. The latest deal was signed during the 2007 Bauma Expo in Munich,
Germany.

Morrow Equipment owns and operates the largest fleet of tower cranes in North
America. Morrow delivers construction and material handling customers to a wide range of
services at 23 locations in the United States, Canada, Mexico, Australia and New Zealand. Morrow Equipment dimension their fleets on market demand, now projected through the
second quarter of 2008.

With approximately 200 hoists from Alimak Hek, Morrow is well
positioned to serve customers even during periods of high demand in the construction sector. The Alimak Hek hoists ordered are ALIMAK SCANDO 650 FC 32/39 with a lifting
height of 54m (177ft). They will be delivered during October and November this year
and will be available throughout Morrow’s 11 facilities in the USA.

Alimak Hek’s new remote control system, A3, is also included in the latest deal with
Morrow Equipment. A3 is an online system for remote control of vertical access equipment,
collecting operational information and data such as time and number of starts and stops, hours in operation, etc. Depending on the control system used it can also serve as a fault-tracing device, tracing faults for quick and easy action in order to keep down-time to a
minimum. Information is fed via the Internet, e-mail or on-line, or via cell phones to the
supervisor.

More About This Company