At one time that may have been true many moons & years ago - if it is still rumored on the street thenthe " town cryer" is still blurting out history - shame, shame, shame. Clark Material Handling is owned & has been owned for sometime by Young An of South Korea & they have injected the necessary capital to make them a viable player in the lift truck market & cash to invest in plant ownership, state of the art parts distribution (that can get parts out the same day - FedEx is just across the drive way), staff, etc. Satisfy yourself and go to their web site clarkmhc dot com - there is a link to Clark's history.
I do not work for Clark but did work for a Clark dealer & visited their facilities in Lexington & Louisville, Ky.

Certainly in todays economy all lift truck companies are having issues but there seems to be light at the end of the capital equipment purchase tunnel or maybe another train - depends what goes on in the boxing ring called 1600 Pennsylvania Ave, Washington DC.