Inside the News - Edition #489

Allan Leibowitz -
Inside the News
- 25 Nov 2010 ( #489 )
1 min read
Anyone who thought we were fully out of the woods may have been a little premature. Sure, there are signs of recovery in the forklift market, with companies like Linde US reporting positive trends this week in the wake of last week's Jungheinrich report of a 47% growth in global demand. But we still hear about struggling markets, such as Barloworld, which this week reports a 40% drop in full-year profits. The result is, of course, significant because the South African-based giant claims to be the world's largest forklift dealer. But there are signs of optimism, and there was a positive buzz at last week's International Materials Handling Exhibition in the UK, so things are looking up...
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