Kuala Lumpur, Malaysia, Feb 6th - Terberg Tractors Malaysia Sdn Bhd (TTM) is expected to see significant
growth of its terminal tractors business for Malaysia and the Asia Pacific
Region over next few years.
TTM, a joint venture company established between Sime
Darby Industrial Sdn Bhd (Sime Darby Industrial) and Netherlands-based Royal
Terberg Group BV, has recently launched its new and innovative headquarters for
the Asia Pacific region.
According to TTM's CEO, Boo Wei Ching, the terminal
tractor segment is expected to grow with an estimated CAGR rate of 4.5% to 9%
over the next six years.
“We are pleased to launch our Asia Pacific headquarters
in Malaysia as part of our expansion plans in the region. As TTM continues to
benefit from increasing regulatory and compliance emphasis towards achieving
carbon neutrality, we remain confident in the company’s market expansion and
growth.
”
TTM has seen exemplary and steady revenue growth since it
started operations in Malaysia back in 2005. In November last year, it
successfully launched Malaysia’s first fully battery-powered electric terminal
tractor, Model YT200EV, which is now widely used and a preferred product by its
customers in the Asia Pacific region.
TTM's new Head Office located in Puchong is more than
just a workspace; it's a dynamic hub that merges the comforts of home with cutting-edge
office functionality. This strategic move aims to foster closer relationships
and collaborations, creating a vibrant space for dynamic interactions that
align with TTM's growth trajectory.
The new workspace creates a high level of synergy between
multiple key departments stationed within the same floor. Creating value,
elevating customer experience and satisfaction. This headquarters is a
testament to our dedication to sustainability and innovation, providing an
inspiring environment for our team.
A home-grown
Malaysian multinational, TTM is a thought leader and prominent global provider
of robust and efficient terminal tractors, specialising in state-of-the-art
solutions for the logistics sector. With an impressive presence across 42 countries around the globe, TTM
has firmly established itself as an industry leader, delivering cutting-edge
Drive-by-Wire Prime Mover innovation and successfully integrating AI-enabled
autonomous mobility solutions.
ABOUT TERBERG TRACTORS MALAYSIA |
www.terbergspecialvehicles.com
Terberg Tractors Malaysia Sdn Bhd (TTM) is an equal
joint venture between Sime Darby Industrial Sdn Bhd in Malaysia and The Royal
Terberg Group in the Netherlands. The outfit is responsible for manufacturing
and supplying reliable terminal tractors. The marque runs on extensive product
support capabilities and distributors network in the Asia Pacific region.
Performance-wise, its production line capacity in Malaysia stands at
approximately 1,000 units of Terberg Terminal tractors per annum. TTM holds firmly
to product quality and prestige and stands by its highly efficient after-sales
support service standards.
For further information, please
contact Sime Darby Industrial Sdn Bhd Communications Department: Cynthia Blemin
at 012-249 4071/ cynthia.anne@simedarby.com.