Allan Leibowitz introduces news edition #588

Inside Forkliftaction
- 25 Oct 2012 ( #588 )
1 min read
Editor Allan Leibowitz comments on the news of the week
Editor Allan Leibowitz comments on the news of the week
There have been several large mergers and acquisitions lately, and the manner of their revelation is generally as interesting as their substance. Some are the subject of speculation and rumour - and generally denied by all parties involved until the moment of announcement. Others come out of the blue, taking most observers by surprise. That's the case with this week's announcement of Toyota Industries Corp's takeover of Cascade Corp. Of course, when M&As involve listed companies, some degree of secrecy is essential to prevent insider trading, and this USD759 million is no different. And the word from both sides is that it will be business as usual after the takeover.
We have all the details in our report this week.
IntraLogisteX, the intralogistics show of the year, returns on 28th & 29th March 2023 at the NEC Birmingham.
At Cascade Corporation, we know the forks and attachments used to handle your loads are essential to keeping your material handling operations running smoothly. That’s why selecting products that integrate seamlessly with each other (and your workflow) can be a time-consuming and difficult task.

In the Virtual Expo

NL Series 4.0T-mini 5.0TLi-ion Battery Forklift from UN Forklifts
UN Forklift's new 4.0T-mini 5.0TLi-ion Battery Forklift is part of their NL Series, using UN's internal combustion design with the tough chassis, frame, counterweight and mast.

Movers & Shakers

senior marketing manager
Tompkins Robotics, United States
chief digital officer
Wiferion, Germany
director of dealer development
Toyota Material Handling, United States
director of national accounts
Toyota Material Handling, United States
See your dealership promoted extensively on Forkliftacion and Machinery-onQ with our 12-month dealer advertising package. You'll receive: Wholesale trading (wholesale prices and opportunities) Unlimited stock on Machinery-onQ Extensive promotion...
At Cascade Corporation, we know the forks and attachments used to handle your loads are essential to keeping your material handling operations running smoothly. That’s why selecting products that integrate seamlessly with each other (and your workflow) can be a time-consuming and difficult task.

Inside Forkliftaction

The year is not even a month old, and already we are seeing increased acquisition activity in the US dealer market.
One has to ponder the reasons for this surge, and no doubt, intensifying competition is a major driver. In order to prosper, dealers need critical mass, access to multiple
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Fact of the week

From 1912 to 1948, gold, silver and bronze medals were awarded for literature, architecture, sculpture, painting, and music as part of the modern Olympic Games. Art works were required to be inspired by athletic endeavors. After heated debate about their place in the games, the art events were eventually removed. The 151 medals awarded were officially stricken from the Olympic record.
Little Rock, AR, United States A US Department of Labor investigation has determined a Carrollton, Texas lumber supplier and retailer could have prevented the death of an 18-year-old worker who was struck by a...
Changzhou, China Haulotte China recently hosted its 2023 Annual Dealer Meeting at its new factory in Changzhou. The meeting allowed Harry Wang, general manager of Haulotte Shanghai, to sum up 2022...