NACCO Market Share

  • Posted 12 Jun 2015 02:15 AM
Anyone know if NACCO's share is growing with two brand dealers. They continue to struggle with Class II and III with Raymond people. Share from just few years ago is down to approx 21%. They are profitable.

Is Dougherty in the SE giving up the line?
Showing items 1 - 15 of 40 results.
  • don_j
  • Michigan, United States
  • Posted 17 Jun 2015 09:44 AM
I don't see it getting any better in the future.... Dual Dealerships in my opinion has been a blunder and costly mistake for NMHG. I would like to see some real hard data on how dual brands around the country are doing. The one by me has been stagnate and so so. The competition is changing with better products

DJ
  • Posted 17 Jun 2015 04:14 PM
In the past year and a half, I worked at a dual dealer in North Kansas City, MO.
Worked as a Field Service Tech, over 12 years experience.
Never enough work to go around. Shop Service Techs were asked to go home early on a daily basis.
Worked there for 8 months and decided to move on.

Strong in mind, Strong in Health.
  • Posted 18 Jun 2015 07:07 PM
Maybe the people at Raymond Corporation are just doing a better job in all classes of material handling??

Mark W
  • Posted 19 Jun 2015 10:35 PM
I have never seen a class 5 Raymond.
  • don_a
  • Vermont, United States
  • Posted 23 Jun 2015 01:42 AM
good or bad, NMHG has allowed Gregory poole to purchase the hyster and yale dealerships in Virginia,parts of north Carolina and south Carolina to become another duel dealer. it will be interesting to see how this works out.
  • Posted 23 Jun 2015 09:15 PM
Raymond = Toyota
  • exalt
  • Dubai, United Arab Emirates
  • Posted 24 Jun 2015 05:36 PM
  • • Modified 24 Jun 2015 05:41 PM by poster
NMHG allowing Gregory Poole to purchase the Hyster Yale dealership might be a opening to a more interesting question.

Gregory Poole is a very big CAT dealer and will still be a big CAT dealer but are CAT looking to drop the forklift line.


It has been said that CAT are looking to concentrate more on their construction equipment business and Having a forklift range dose hurt CAT's Perkins engine business so will CAT drop the forklift line and leave Mitsubishi to go on it own on this side of the of the business
  • Posted 24 Jun 2015 09:02 PM
exalt,

Caterpillar did drop the Caterpillar lift truck line in 1992. They basically closed Caterpillar Industial Inc. (CII) which built/marketed the Caterpillar Lift Trucks and entered into a 80/20 joint venture called Mitisubishi Caterpillar.

As far as I know Mitusbishi Heavy Industriels still builds private labled small horsepower (under 100 hp) diesel engines for Caterpillar construction products.
  • exalt
  • Dubai, United Arab Emirates
  • Posted 25 Jun 2015 03:07 AM
Hi Johnr j do you think Cat will drop the hole forklift line to concentrate more on Construction and mining equipment.Cat have had a couple of bad years lately and have to re group
  • Posted 25 Jun 2015 04:02 AM
As John said Cat Inc already has. Essentially Cat Inc licences the Cat brand name to MCFA.
  • Posted 16 Jul 2015 01:48 PM
Gregory Poole is dropping MCFA and Crown, mostly because GPEC feels like they are holding the company down. MCFA put GPEC right up against a competing dealer, G&W Equipment. MCFA also didn't like GPEC not pushing their Electric line of trucks and selling Crown truck instead. Crown... They have been wanting the area for a while and from what I understand they don't like to pay their bills and a few other things...

As for the future of GPEC, we will have to see! There are lots of rumors. GPLS(Gregory Pool Lift Systems) will be moving from the main GPEC location, possibly splitting from GPEC? They did purchase 3 other competing company's with this move closing some of the competition.

You guys think GPEC's move was a good one?
  • Posted 31 Jul 2015 02:19 AM
Yes it was a great move for GPEC. WIth there being so few Cat heavy Iron dealers left in the MCFA network. Cat inc will at sometime drop out of the deal with MITSI. Leaving only mitsi and jung with mcfa. THe jung product is great but very pricey and only certain customer will/can pay 20% premium for a lift.

NACCO has a solid product, shorter lead time for trucks, better pricing, 3x the market share as mcfa.

I don't see a reason why gpec would split off lift systems into it own company. I know lift one did it but when they did that but they split all the companys out as separate under one umbrella. There are reasons to do that I don't think that ownership at Poole want to do that. just a guess
  • Posted 31 Jul 2015 02:25 AM
Yes there is a lot of "reconfiguring" going on all over. Does anyone else agree that the folks at Raymond are doing a better job??
  • Posted 31 Jul 2015 03:31 AM
hb_1911 Cat Inc is not involved in the MCFA joint venture anymore. The name is licensed by Cat Inc to MCFA.
  • Posted 31 Jul 2015 05:03 AM
Yes I know. Cat get paid a royalty. the agreement gets redone every 5 years or so. At which time the CEO of cat inc could pull the plug or MCFA could not want to pay the money for the branding any more.

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