Whats happening with Doosan ? - News & Perspectives discussion in Forkliftaction's forums

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Whats happening with Doosan ?

Heard jungle drums today regarding Doosan Infracore.They are going to be pulling out of the Materials Handling Market to concentrate on other activities.
Will that have an impact on Carrylift ?

Posted 22 Mar 2011 21:26
Modified 22 Mar 2011 21:44 by poster
Discussion started by scouse
lancs, United Kingdom

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50-55% of Korean market maybe but not old blighty or even Europe

Posted 23 Mar 2011 05:42
Reply by scouse
lancs, United Kingdom

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This is from last weeks news letter,
Doosan wants to sell forklift business
Seoul, South Korea
Doosan Infracore Co is considering selling its forklift business to focus on its construction equipment business and to secure capital for global expansion.
A company spokesman told Dow Jones International News that Doosan wants to inject proceeds from a potential sale to build excavator plants in China and Brazil.
He said the company has 50-55% share of the domestic forklift market.

Posted 23 Mar 2011 02:39
Reply by Leon_W
Tyne & Wear, United Kingdom

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