Fuchs and Cowin Equipment Enter Into Distribution Agreement

LOUISVILLE, (Ky.) U.S.A., April 25, 2016 –Cowin Equipment Company, Inc. is now an authorized distributor of Fuchs^® material handlers for the State of Alabama, northern Georgia and Florida’s Panhandle. Cowin Equipment blankets this territory with seven locations and offers unsurpassed sales, rental, parts and service support for the full Fuchs equipment line, purpose-built to increase operating efficiencies for the portside, scrap, recycling, waste and logging markets.

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“Cowin Equipment is an integral part of this market providing equipment solutions to its customers for more than 75 years,” says Regional Sales Manager for Fuchs material handlers, Mike Smith. “The company’s extensive pedigree with steel mills and scrap yards will help increase coverage to our core market base, and the material handlers will give Cowin more equipment solutions to help boost operating efficiencies with their existing logging and port customers.”

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Purpose-built to deliver reliable operation, even with continuous operation in extreme applications, Fuchs material handlers provide high lift capacities, 27- to 80-ft working radii and operating weights from 41,888 to 191,800 lb. The field-proven line features durable wheel- or track-driven undercarriages, elevating cabs, intuitive controls, rigid hydraulic pipes and a double-row slewing ring. The newly introduced Fuchs^® MHL 370 F handler marks Fuchs entry in the 120,000-lb handler class, while all F Series Fuchs handlers offer exclusive Eco Mode operation to reduce fuel consumption by up to 36%. Stationary and semi-mobile, zero-emissions electric material handler models are also available to further control long-term operating costs.

“Fuchs handlers,” according to the Cowin management team, “are the perfect complement to our existing lines of generators, shears, magnets and wheel loaders already offered to our customers.” The MHL 350 model handler is an excellent fit for Cowin’s logging and scrap customers, while the MHL 370 and

MHL 390 handlers will allow the company’s port customers to increase loading and unloading efficiencies.

Cowin will also have at its disposal aggressive financing options offered by Terex Financial Services (TFS) to help improve the customer’s cash flow. With its in-depth equipment knowledge for the scrap, recycling, waste, port and logging markets, TFS provides effective finance and leasing solutions, structured to complement customers’ cash flow and budgets. TFS assists in all areas of asset management, from the analysis of future equipment values through the disposal of used equipment.

Family-owned since 1938, Cowin Equipment employs a “hybrid” strategy of equal emphasis on sales and rental, combined with a total commitment to product support to ensure customers get the most from their equipment. The distributor offers local support for its Alabama customers from its Birmingham headquarters and four branch locations in Mobile, Montgomery, Huntsville/ Decatur and Oxford. Cowin Equipment also operates branch locations in Pensacola, FL and Atlanta, GA.

Cowin Equipment’s headquarters is located at 2238 Pinson Valley Parkway in Birmingham, AL 35217. For more information call toll-free (800) 239-2694 or visit www.cowin.com.

For more information about Fuchs material handlers, visit www.terex-fuchs.com.