MaxiTRANS awarded contract to supply Coles with 395 trailers

Company News

by Jessica Amir

MaxiTRANS Industries Limited (ASX:MXI) has been awarded a contract to supply 395 trailers to Coles Supermarkets (ASX:CML).

The road transport company’s contract with Coles Supermarkets is worth is $60 million.

MaxiTRANS Industries says it will also generate a regional employment boost to Victoria and produce about 100 jobs.

The contract is expected to make a material impact to MaxiTRANS’ 2017 financial year performance.

Shares in MaxiTRANS Industries Limited (ASX: MXI) are currently 6.21% higher to 7.7 cents
 

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