Forklift manufacturer NACCO Materials Handling Group (NMHG) will cut up to 135 jobs at two locations because of the global economic crisis.

Up to 96 jobs will go at the plant in Craigavon and up to 38 jobs at its Nijmegen plant.

The company says the decision comes after a review of operations. In September, the company made 81 people redundant. The Craigavon site employs 616 people and NMHG employs over 10,000 people worldwide.

Alan Little, plant manager at Craigavon, says the unfortunate economic situation has "unfavourably affected" the company and others trading in Europe.

"These are difficult times and these are regrettable proposals forced on the company by global difficulties not of our making.

"The company will endeavour to make every reasonable effort to sustain our business position as we progress through the current recession," he says.

"This will include considering a temporary measure of introducing a reduced working week."

NMHG manufactures and distributes Hyster, Yale and Sumitomo-Yale brands.