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Special Feature
Forklifts shine in challenging year
Inside Forkliftaction
The year is not even a month old, and already we are seeing increased acquisition activity in the US dealer market.
One has to ponder the reasons for this surge, and no doubt, intensifying competition is a major driver. In order to prosper, dealers need critical mass, access to multiple
brands and diverse stock ranges, and broader geographic markets.
The barriers to entry for new players must be extremely steep in these tough times, so it makes sense to buy rather than start afresh.
On top of this, we see an ageing dealer base - much of it family-owned and often with limited succession options. So there are many dealers looking to monetise their reputations and reap the benefits of their decades of labour.
...
Continue Reading
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SMART ATTACHMENTS - Mar 2023
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In the Discussion Forums
Install a gauge in the main lift line to the lift cylinder and check the pressure that will tell if the pump has a problem.
- Scott_, United States
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Inside Forkliftaction
The year is not even a month old, and already we are seeing increased acquisition activity in the US dealer market.
One has to ponder the reasons for this surge, and no doubt, intensifying competition is a major driver. In order to prosper, dealers need critical mass, access to multiple
brands and diverse stock ranges, and broader geographic markets.
The barriers to entry for new players must be extremely steep in these tough times, so it makes sense to buy rather than start afresh.
On top of this, we see an ageing dealer base - much of it family-owned and often with limited succession options. So there are many dealers looking to monetise their reputations and reap the benefits of their decades of labour.
...
Continue Reading
Movers & Shakers
Lauren Fiochetta
senior marketing manager
Tompkins Robotics, United States
Robert Gibbons
chief digital officer
Wiferion, Germany
Bill Byrd
director of dealer development
Toyota Material Handling, United States
Dan Kossow
director of national accounts
Toyota Material Handling, United States
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