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Allan Leibowitz introduces news edition #851

Thursday, 14 December 2017 ( #851 )
Editor Allan Leibowitz comments on the news of the week
Editor Allan Leibowitz comments on the news of the week
There's nothing like an acquisition to get things moving. So, expect some significant implications from Hyster-Yale's purchase of a controlling interest in China's Maximal. Maximal is a large Chinese forklift manufacturer which produces equipment under the Maximal and SAMUK brands. It also designs and produces specialised port equipment and rough-terrain forklifts. The buy-in gives Hyster-Yale, a top 10 supplier, access to Maximal's manufacturing capability and to China's growing forklift market. It's a marriage of East and West, of high-end and mass market, that is becoming more common in the forklift world. No doubt, both parties will benefit from the union, and the move will increase competition globally.
Fredericksburg, VA, United States Hubtex has acquired a 50% stake in its North American distributor, Design Storage & Handling (DSH). For over 30 years, DSH has provided successful materials handling...
London, United Kingdom The UK's biggest telehandler hirer is further expanding its fleet with an order for GBP26 million (USD37 million) worth of JCB Loadall models. Ardent Hire...

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London, United Kingdom The UK's biggest telehandler hirer is further expanding its fleet with an order for GBP26 million (USD37 million) worth of JCB Loadall models. Ardent Hire...
Kinston, NC, United States Crown Equipment is adding more than 130 jobs to its Kinston, North Carolina operations. According to local reports, the new jobs will include assemblers, engineers...
Germany There has been little change in the Top 10 forklift manufacturers list for 2019/20. A report by German magazine DHF shows Toyota still at the...
China In contrast to last year's crippling closures, manufacturers in China are back at work after the New Year holiday closures. China.org reports that manufacturing is...

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