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Finning in C$360-mln equipment deal with Suncor

Tue May 6, 2008 11:52pm IST
 
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TORONTO, May 6 (Reuters) - Finning International Inc (FTT.TO: Quote, Profile, Research) said on Tuesday that it had reached a major mining equipment and support services deal with Suncor Energy Inc (SU.TO: Quote, Profile, Research) worth about C$360 million.

The equipment, including mining trucks and bulldozers, is scheduled to be delivered to Suncor through 2008 and 2009. The deal includes customer support from Finning through various agreements ranging in term to about 10 years.

The trucks will be used to meet Suncor's increased production levels from existing operations, as well as mine expansions, Finning said. ($1=$1.00 Canadian) (Reporting by Leah Schnurr; Editing by Bernadette Baum)

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