TICO's equipment sales halve in first quarter
Aichi, Japan
Toyota Industries Corp (TICO)'s materials handling equipment sales for the first quarter of financial year 2010 have dropped by over 50% from the previous year's corresponding quarter.
According to TICO's first quarter results, the manufacturer sold 25,000 units in FY2010 - compared to 51,000 units in FY2009.
Net materials handling equipment sales for FY2010 totaled JPY103.5 billion (USD1.1 billion), compared to JPY183.7 billion (USD1.9 billion) for FY2009.

Manitex receives first crane orders
Bridgeview, IL, United States
Manitex International has accepted USD1.1 million in orders for its new 50155S crane equipped with a powered boom and single-piece jib.
The crane has been developed for the power line construction market and other high-reach applications.
The Manitex Liftking subsidiary manufactures a complete line of rough-terrain forklifts and other materials handling equipment.