MHI TO CONCENTRATE ON FORKLIFTS

News Story
- 22 Nov 2001 ( #36 ) - Sagamihara, Japan
<1 min read
SAGAMIHARA, Japan -- Mitsubishi Heavy Industries (MHI) plans to free capacity and focus on building forklifts and diesel engines.

The Nikkei Weekly said MHI and Caterpillar had agreed to transfer compact construction machinery manufacturing to their joint venture, Shin Caterpillar Mitsubishi.

By the end of 2004, compact bulldozers, wheel loaders and other products will be moved from MHI's Sagamihara plant to Shin Caterpillar's facility in the same city.

The Nikkei report said MHI would use the additional capacity to concentrate on diesel engines and forklifts, which had seen growing demand.
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Since July 2000, Forkliftaction News has been your guide to the developments that are shaping your industry.

Starting today we are also looking back on some of the key news stories from our extensive news archive.

In the news email and on the website, you'll see links to stories that were 'leading our news' multiple years ago, with topics spanning world-first products, big acquisitions, and major industry shifts.
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