Email
Password   Forgotten?
Remember me Register
Marketplace
Business Directory
Discussion Forums
Spec-Checker
Industry News
This week's news
Media releases
Fork talk
Industry profiles
Safety first
Cargo chat
Product watch
Your focus
Search news archive
Send your news
Events Calendar
Jobs & Resumes
Photo Galleries


Home | About us | Advertise with us | Tell an associate | Contact us | Site map | Help 
Search    Options 
Your tools:
NEWS : Full Story
Newsletter #183 (View other news stories)

Clark in the black for 5th consecutive quarter


LEXINGTON, KY, United States
Thursday, 11 Nov 2004
Clark Material Handling Company, the US arm of the Korean-owned forklift maker, has achieved net income for the third quarter, the fifth consecutive quarter it has done so.

While he would not reveal the actual figures, Clark president Brian Butler said "financially, the third quarter was our strongest quarter of 2004, both in net income and net cash flow."

The results showed double-digit increases in both revenues and net income, according to Butler.

Clark MHC, one of the world’s oldest forklift manufacturers, filed for creditor protection under Chapter 11 of the US Bankruptcy Code in April 2000 with assets of USD349 million and debts of USD374 million.

The company emerged from bankruptcy protection in January last year after Young An Hat Co of Korea bought the company.
Discuss Forkliftaction.com News stories in the Discussion Forums!
CURRENT NEWS

News story

1. Jungheinrich: Global demand marginally better
2. E-P opens China’s largest warehouse forklift factory
3. Manitex reports 2009 ups and downs
4. Grupo Laeisz now supports Heli brand
5. Konecranes closes factory, finalises acquisition
6. Autoquip acquires American Lifts
7. Drive pedestrians to forklift operator training
8. Watts Tyres sold to Premia Group
9. Trade show exceeds most expectations
10. Swedish inventor develops versatile forklift
11. LFTS sold to Linde Sterling
12. Briefs
13. Narrow Aisle Flexi adds VNA truck to range
14. Werner Global Logistics opens in Australia
15. NZ port rail link on schedule
16. Improving safety for stevedores
17. Businesses warned of safety scam
18. Supply chain project on cards
19. Brighter outlook for Christmas and beyond




Media release

1. Somerset Capital…Leading the way in the field of industrial equipment financing….Today, Tomorrow, and into the Future
2. TCM New Dealer Announcement - Aurora Lift Truck Service
3. Premia Group Limited acquire Watts Tyre Group
4. Automotive component supplier cuts forklift fleet costs with Flexi
5. Lifetime Contribution Award Presented to Cascade Corporation President
6. Nissan Forklift Corporation Announces its New Vice President of Sales & Marketing
7. Fleetman Consulting Inc. | Representing the Interests of the End User


Text Ad

1. Interesting findings about the effect of online advertising
2. Agents, dealers wanted


Safety First

1. Richard Shore: Have your training risks been properly assessed?


Product Watch

1. APEX 11- New A-Lift, 3 wheels driven multidirectional Forklift truck with travel mast.
2. CBD10A ---Semi Electric pallet Truck from Ningbo Ruyi
3. EquipmentFX- Ever heard of a marketing company with a “pay-for-performance” program?
©Forkliftaction.com
Privacy policy
Related links
Site map
About us
Marketplace | Business Directory | Discussion Forums | Spec-Checker | Industry News | Events Calendar | Jobs & Resumes | Photo Galleries
Forkliftaction.com – PO Box 1439, Milton QLD 4064, Australia
Include and Exclude search categories:
Marketplace
Business Directory
News Stories
Discussion Forums
Spec Checker
Events
Tenders
Jobs and Resumes