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1. KCI Konecranes acquires SMV
KCI Konecranes, a world leader in advanced overhead lifting solutions, has acquired the privately-owned reach stacker and forklift manufacturer, SMV Lifttrucks AB.
A statement issued yesterday said the acquisition price would be between SEK180 million (USD24 million) and SEK220 million (USD29.4 million).
The acquisition was subject to regulatory approval and should be completed by the end of the year, according to KCI Konecranes special cranes president Mikko Uhari.
"SMV's product portfolio is complementary to KCI Konecranes', and extends our total product range," he said.
"The reach stacker and lift trucks (lines) constitute a natural addition to our existing container handling equipment range, consisting of ship-to-shore cranes, rubber-tyred and rail-mounted gantry cranes.
"This enables us to position ourselves as a complete solution provider in harbours, intermodal terminals and in the shipping industry."
SMV was founded in 1947 and last year the company recorded SEK374 million (USD49.9 million) in net sales. The company manufactures reach stackers and forklifts from 10-60 tons (9-54 tonnes), and is currently owned by management and a private investor.
SMV's main markets are Europe, Asia, Australia, South America, the Middle East and Africa.
The 85 staff and SMV production plant in Markaryd, Sweden, would be incorporated into KCI Konecranes' Special Cranes division, which accounts for 24 per cent of the group's total sales.
2. Jungheinrich pitches its tent in China
Jungheinrich AG, the world's fourth largest forklift supplier, has established a sales subsidiary in China in a bid to increase its toehold in the fast-growing Asian market.
Jungheinrich Lift Truck (Shanghai) Co, Ltd would be based in Shanghai, with branches to be set up in Beijing, Guangzhou (Canton) and Suzhou, a company representative said.
Jungheinrich's focus would be supplying warehousing equipment to Chinese logistics customers. The company says this sector has grown "to the point where they now constitute (our) principle customer group".
Jungheinrich is the latest of the large forklift manufacturers to ramp up their involvement in China, where the market absorbed more than 45,000 forklifts last year. Jungheinrich said market volume would grow by 30 per cent this year.
Initially, Jungheinrich China will concentrate on regions around Beijing, Shanghai and Guangzhou. A central spare parts warehouse would begin operating in Shanghai, and local sales and service staff were being trained by German experts.
The company intends establishing itself first before making its public debut at CeMAT Asia 2004 in Shanghai in October.
- Jungheinrich website -
3. Market recovering, claims Pinguely-Haulotte
French manufacturer of rough-terrain forklifts and aerial platforms, Pinguely-Haulotte, claims the world market is on the up and up after significant increases in sales and revenue in the first half of the year.
The company reported sales of EUR127 million (USD154.5 million) up to June 30, a rise of 16 per cent over the same period last year.
Second quarter sales eclipsed the same period in 2003 by 7.2 per cent, reaching EUR74.2 million (USD90.3 million). The company said it received 20 per cent more orders in the first half of 2004 compared with the same period last year.
"Considering the significant increase of production levels achieved during the second quarter, and in spite of the persistent weakness of the USD and the rise in steel prices, the group confirms its objectives of EUR280 million (USD340.6 million) turnover, and 5 per cent net income in 2004," the company said.
4. Forklift Manufacturers Wanted
Ky Luc Co., Ltd. is an engineering company specializing in the supply of heavy equipment, generators, FORKLIFTS (diesel, gasoline, LPG and electric ranging from 0.5 to 45 tons) and parts. We are now seeking to represent a FORKLIFT MANUFACTURER that would like to extend businesses to Vietnam. With 10 years of experience in this business, we are very capable of promoting and developing brands in this market.
If you are interested in our company, please pay a visit to our website: www.klcmachinery.com.vn or write to us by email at firstname.lastname@example.org or fax at 84-8-9143925. We will provide our company profile to all interested parties upon request.
5. JLG lands military service contract
McCONNELLSBURG, PA, United States
A USD21 million contract to recondition about 700 rough-terrain forklifts for the US Army has been won by JLG Industries.
Under the three year contract, announced last week, the All-Terrain Lifter Army System (ATLAS) vehicles and predecessor models will be reconditioned to current model standards. They have all seen recent service in southwest Asia.
JLG military programs director David Peacock said the contract would be fulfilled at JLG's military rebuild facility in McConnellsburg, Pennsylvania.
"Winning this contract broadens our portfolio in an important and growing customer segment," he said. "Supporting our customers with after-market service and managing the lifecycle of our products are key components of our plan to grow revenues from non-new machine sales."
- JLG Industries website -
6. Forklift drivers help stop drug smuggling
CEBU CITY, Philippines
The Philippine Drug Enforcement Agency (PDEA) has officially tapped into the services of forklift drivers and other materials handling staff to help monitor the smuggling of illegal drugs and chemicals at the countrys various ports.
PDEA officials announced that forklift drivers have a significant role to play in monitoring the movement of suspicious cargoes because they are at the forefront of the materials handling operations in port areas.
Forklift operators will be trained during their spare time on how to detect suspicious cargoes which could include illegal drugs and banned chemicals, the PDEA said. They would also be shown how to report their suspicions to the authorities without being detected by shipment owners.
PDEA officials said the help was needed in places like Cebu where recently about 1,800 kilos of an illegal drug were seized. The shipment, estimated at P3.6 billion (USD64.3 million), was intercepted by a joint team from the Cebu Bureau of Customs and the PDEA, after a forklift driver reported his discovery of the suspicious containers.
The Cebu Port Forklift Drivers' Association (CPFDA) welcomed the anti-drug agency's move, but stressed that appropriate security must also be provided to forklift drivers who fear that smugglers might get back at them.
CPFDA president Celestino Noval said several forklift drivers have reportedly been witnessing the shipment of illegal drugs and illegal chemicals but didn't know where to report the incidents. The drivers said it was because it was likely there were protectors of the smugglers within the port area.
"Now that we know who to trust and where to report," Noval said, "there will surely be several arrests related to the smuggling of illegal drugs."
7. MOVIMAT 2004 draws the crowds
SAO PAULO, Brazil
More than 25,000 materials handling professionals attended MOVIMAT 2004, from August 10-13 at ExpoCenter Norte in Sao Paulo, Brazil.
Forkliftaction.com News sources said about 200 companies, including representatives of BT Industries, Clark, Hyster, Hyundai, Linde, Still, Jungheinrich, Toyota, TCM and Yale, exhibited at the four-day event.
The LOGISMAT Symposium was held during the event and a number of speakers revealed the latest trends and case studies in the world of logistics.
One of the keynote speakers was Deloitte USA representative John Greaves, who spoke about radio frequency identification (RFID) and the supply chain.
8. Container handling forklifts (used) wanted
Full containers 4 high 9 6 and 20-40 capability, with top lift spreader
Empty containers 6/7 high 96 capability, with twin lift side pick frame
Our client wants to purchase 1 each low hour and late model units for delivery to Australia. Will consider units from any location.
Please forward your offers, with photos if possible, to email@example.com.
9. Toyota strengthens its central European network
Toyota Industrial Equipment (TIE) has launched two new central European distributors, Toyota Material Handling Czech and Toyota Material Handling Hungary.
The two businesses have been long-time TIE distributors in those countries, and have now been awarded the Toyota brand name.
In 2003, TIE sold 18,000 materials handling machines across Europe which is a 20 per cent increase on 2002.
TIE Europe president Shinya Furukawa said the company now had distributors in 23 countries across Europe.
"By awarding our Czech and Hungarian distributors the Toyota brand name, we are strengthening our presence, and demonstrating our real commitment to the European market," he said.
10. Anhui Heli moves into Canada
NIAGARA FALLS, Canada
Chinese forklift manufacturer Anhui Heli Co Ltd has launched an assault on the Canadian market with the formation of Heli Fork Lift Canada.
The new company is based in the Niagara Falls region of Ontario, and will concentrate on developing its dealer network as well as distributing Heli forklifts throughout Canada.
The move represents a big development for the Chinese company, which produced more than 20,000 units last year. The new company is headed by general manager Jim Chesla.
- Heli Fork Lift Canada website -
11. Rotten wharf almost tips container handler into the sea
TIMARU, New Zealand
A 28-tonne container handler almost tipped into the harbour after falling through a rotten wharf at PrimePort Timaru, last week.
The forklift was owned by Specialist Container Services, reported The Timaru Herald. It had to be lifted by crane after one of its wheels crashed through planking on the number one wharf.
Manager Chad Hunter said the forklift was being driven along a sealed section when a wheel slipped on to the wooden wharf and went straight through the planking.
"It's just really rotten wood that caused it - we're lucky it didn't go further," he said.
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13. Pumpkin sets new record in Alaska
PALMER, AK, United States
Only a forklift could move a massive 707lb (320.6kg) pumpkin that doubled the previous record at the Alaska State Fair last week.
Nikiski grower JD Megchelsen's record-breaking vegetable "Thunder Horse", standing 3ft (91.5cm) high and measuring 4ft (121.9cm) across, was transported to the fair in a pickup truck. The pumpkin was covered with a quilt and connected to water tubes, Associated Press reported.
On July 9, Thunder Horse weighed 22lb (10kg), but by August 1 it had ballooned to more than 400lb (181kg). At its peak, it was gaining more than 60lb (27kg) a day.
Megchelsen said his fast growth secret had a lot to do with new seed varieties, new cultivation methods and even the internet, as pumpkin growers around the world were sharing their knowledge.
Despite his record-breaking farming feat, Megchelsen is a long way off the world record, which was set last year in Oregon at 1385lb (628kg).
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|1. The Associated Equipment Distributors (AED) has released its 2004 Product Support Best Practices report, designed to allow dealers to benchmark against the operating results of other dealers.|
2. Rocla's hand pallet trucks range has been updated with the new TMA25 pallet truck.
3. Rental Service Corporation, which operates almost 500 construction and industrial equipment rental locations across the USA, held a grand opening at its new store in Sarnia, Canada, on August 25.
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