DAEWOO LOGS MANUTENTION ORDERS

News Story
- 20 Mar 2003 ( #99 ) - SEOUL, Korea, Republic Of
<1 min read
Daewoo Heavy Industries & Machinery Ltd booked USD12 million in forklift orders at Manutention 2003, the international logistics exhibition in Paris from March 11 to March 14.

A company official told Yonhap English News that Daewoo's exhibit was very busy throughout the four-day event. Daewoo exhibited six types of forklifts, including an oil-cooled disc brake model.

Daewoo exports 37 percent of its forklift production to Europe, and plans to increase that by 10 percent to USD51 million this year.
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In this week’s Forkliftaction News , it’s financial reporting season and German equipment maker Jungheinrich reports a “very significant” EBIT decline for Q1, while Finnish manufacturer Kalmar has returned higher sales for the period... Continue reading

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