News story

NACCO AND WANDALEX SIGN POLAND DEAL

Thursday, 22 November 2001 ( #36 ) - Warsaw, Poland
WARSAW, Poland -- Forklift distributor Wandalex SA will be the exclusive Yale dealer in Poland and the Ukraine after signing a cooperation agreement with Nacco Materials Handling Group. Wandalex is also the Polish dealer for Daewoo. The three-year Nacco deal was signed on November 14. The deal, which both companies expect will generate annual turnover of USD14.6 million, can be extended if both parties agree, said a report by the Polish News Digest.