Kone has sold its forest machines business, Partek Forest, to Komatsu Ltd, of Japan, for EUR120 million (USD138.8 million). The purchase does not include Partek Forest's forest cranes business.
Partek Forest's sales for the year ended September 30 were EUR240 million (USD279.5 million). Partek Forest employs 1,008 people, of whom 567 are in Sweden, 225 in Brazil and 46 in Finland.


FORKLIFT RODEO THIS MONTH
SALT LAKE CITY, UT, USA - The Utah Manufacturers' Association will hold its first forklift rodeo on November 22 at Wheeler Machinery Co. Companies are invited to send certified forklift operators to demonstrate their driving skills on class 4 and class 5 forklifts.
Drivers will compete in timed obstacle courses, trailer loading and unloading and stacking and shelving pallets. The winner will receive USD500. The second placegetter will receive USD200. For more information or to register, call +1-801-363-3885 or e-mail the UMA at uma@umaweb.org.
This event is listed in Forkliftaction.com's Event Calendar. Click here for our event details