Steyr Motors Secures Exclusive Supply Contract with PALFINGER

Steyr Motors AG has signed a two-year supply agreement with PALFINGER, further cementing its role in maritime propulsion solutions. The deal includes supplying boat engines for applications like fast rescue boats and free-fall lifeboats, enhancing Steyr’s influence in the civil maritime sector.

This collaboration promises mutual benefit. PALFINGER gains from Steyr’s engineering expertise, while Steyr leverages PALFINGER’s global service network. Such synergy is aimed at improving the efficiency and reliability of PALFINGER's maritime products.

The contract underscores Steyr's leading market position. CEO Julian Cassutti emphasized the partnership’s role in expanding Steyr's service network, boosting competitiveness in the global maritime market.