Inside the News - Edition #423

Allan Leibowitz -
Inside the News
- 13 Aug 2009 ( #423 )
1 min read
Don't say we didn't tell you so, but the consolidation express is gaining momentum. This week, we report on an arrangement between Europe's biggest manufacturer, Jungheinrich, and leading North American player Mitsubishi Caterpillar Forklift America Inc (MCFA) to produce and distribute Jungheinrich products in North America. Meanwhile, another leading American organisation, Nacco Materials Handling Group Inc (NMHG), continues the dealership consolidations for its Hyster and Yale brands - a story that appeared here first and continues to develop. Sure, there are some who would argue that consolidation reduces competition and that's bad for end-users. But at the same time, consolidation provides economies of scale and creates stronger suppliers who are better able to compete globally and to withstand the swings and roundabouts of the global economy.
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Inside the News - Edition #424
Allan Leibowitz
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Inside the News - 20 Aug 2009 (#424) Could we have turned the corner? Well, the American peak industry association, Material Handling Industry of America (MHIA), seems to think so. In the build-up to its next event, NA...
Inside the News - Edition #422
Allan Leibowitz
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Inside the News - 7 Aug 2009 (#422) One of the industry's longest-running acquisitions has finally been bedded down, with Terex's take-over of Fantuzzi. This on-again, off-again deal brings together two giants of the crane sector and should...
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