HU-LIFT EQUIPMENT CO LTD, a leading manufacturer of material handling and lifting equipment in China, increased sales 38% in the first half compared with last year.
From Jan. to Oct., 2003, HU-LIFT sold 135,580 hand pallet trucks, 8,133 lift tables, 2,959 manual and electric stackers, 41,352 manual and lever hoist, etc. At beginning of this year, HU-LIFT launched 12 new products, including 5-tonne pallet trucks, double-action stacker, mini-stacker, plastic dollies, aluminum trolley, new manual hoist and lever hoist with overload protection device. Sales are growing from these new products very rapidly.
HU-LIFT will open two new plants from January 2004, one for pallet trucks with 45,000 square meters, one for lift tables with 25,000 square meters. The production capacity of pallet trucks will reach to 20,000 units per month, and 1,800 units per month for lift tables.
Mr. Dennis Hu - President