# Hiab receives $40M equipment orders from US home improvement and building supply chains

Hiab, part of Cargotec, received two orders in Q4 2023 worth up to $40 million: a €23.8 million order from a national home improvement chain for MOFFETT truck-mounted forklifts, and a €12 million order from a national building supply chain for HIAB loader cranes and MOFFETTs. Deliveries are throughout H1 2024.

- Type: Contract
- Announced: 2024-02-01
- Where: United States, United States
- Value: $40.0M
- Status: announced
- Products: MOFFETT M8 NX truck-mounted forklifts, HIAB loader cranes, HIAB K-HIPRO 515 drywall crane
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Hiab](https://endata.com/companies/17730.md)
- [Cargotec](https://endata.com/companies/1832.md) (partner)
- [Hiab](https://endata.com/companies/17730.md) (supplier)

## Sources

- [porttechnology.org](https://www.porttechnology.org/news/automation-and-optimisation/cargotec-secures-40-million-equipment-order-from-us-companies/), 2024-02-01: "MOFFETT has a reputation for delivering to the customer's needs and requirements, like the national home improvement chain's specifications."
- [handling-network.com](https://www.handling-network.com/hiab-receives-significant-orders-in-the-us-for-loader-cranes-moffett-truck-mounted-forklifts/), 2024-02-03: "MOFFETT has a reputation for delivering to the customer’s needs and requirements, like the national home improvement chain’s specifications."
- [plantandequipment.news](https://www.plantandequipment.news/news/global/hiab-receives-significant-orders-in-the-us-for-loader-cranes-and-truck-mounted-forklifts/), 2024-02-05: "The two orders were booked in Cargotec's 23 Q4 order intake with deliveries being made throughout H1 2024."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.