Clark Europe anticipates above-average growth

News Story
- 19 Jun 2008 ( #365 ) - MULHEIM AN DER RUHR, Germany
1 min read
The GenTX 16-20s series with load capacities ranging from 1.6-2 tonnes have AC technology and dual drive motors.
The GenTX 16-20s series with load capacities ranging from 1.6-2 tonnes have AC technology and dual drive motors.
Clark Europe GmbH expects to grow faster than the European market this year after recording 75% more sales in 2007 than in 2006.

The subsidiary of Young An Hat Company posted EUR24.5 million (USD38 million) in sales for 2007. Orders were 60% higher than 2006 in unit terms.

Clark Europe's planned sales for 2008 currently exceed EUR40 million (USD62 million) and the company aims to secure 16% more orders than in 2007. It expects its spare parts business to grow 17% and deliveries of new machines to increase about 20% from last year.

"These targets are certainly tough but at the same time realistic," managing director Egon Strehl says.

Clark Europe moved to its Mulheim an der Ruhr headquarters in 2007. A production facility will be built there in 2009/2010 for electric models developed for the European market.

"We're currently building a superb team of engineers who can specifically monitor the market here and anticipate trends," Strehl says, adding that Clark Europe recently employed a service engineer to boost technical support and two staff members to cope with increased orders.

Clark has introduced the three-wheel GenTX and four-wheel GenEX electric forklift series to round off its Gen2 series. The GenTX 16-20s series with load capacities ranging from 1.6-2 tonnes have AC technology and dual drive motors. The GenEX16-20s series has similar features to the GenTX series.
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