Your tools: NEWS: Full story Newsletter #293 (View other news stories)
Indian forklift maker enters world rankings
ESSLINGEN, Germany
Thursday, 18 January 2007





Nacco Industries has replaced Jungheinrich in third-place ranking in German magazine dhf's World Ranking List of Manufacturers of Powered Industrial Trucks for 2005/06, while an Asian manufacturer made a surprise appearance.

The annual survey, conducted by dhf chief editor Wolfgang Degenhard exclusively for dhf, revealed the top 10 as:
* Toyota Industries Corp (Japan)
* Kion (Germany)
* Nacco Corp (USA)
* Jungheinrich (Germany)
* Crown Equipment Corp (USA)
* Mitsubishi Heavy Industries (Japan)
* Cargotec (Finland)
* Komatsu Ltd (Japan)
* Manitou (France)
* Nissan Motor Company (Japan)

With truck sales valued at EUR2.2 billion (USD2.85 billion), Nacco Corp, which produces Yale, Hyster, Deca and Sumitomo forklifts, has surpassed Jungheinrich, which made truck sales of EUR1.497 billion (USD1.94 billion) for 2005.

Crown Equipment Corp moved up one, supplanting Mitsubishi Heavy Industries. Doosan Corp also moved up one, up replacing Nippon Yosuki, the Nichiyu forklift manufacturer, at number 12.

Former 18th-ranked Terex Corp moved five positions down to number 23. Chinese manufacturers Anhui Heli and Hangzhou each moved one position up to 16th and 18th respectively.