Allan Leibowitz introduces news edition #830

Inside Forkliftaction
- 20 Jul 2017 ( #830 )
<1 min read
Editor Allan Leibowitz comments on the news of the week
Editor Allan Leibowitz comments on the news of the week
In the lull between financial reporting seasons, it's worth noting that the forklift market seems to defy other business trends and keeps growing.
A new report estimates that growth will continue at 6.1% each year until 2021.
The analysis from Research and Markets tips the global market to increase from USD41.9 billion last year to USD56.3 billion in 2021.
Of course, not all markets nor all sectors will grow at the same pace, so a bit of caution is still required. But it seems that there's plenty of room for optimism.
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...
Brisbane, Qld, Australia Liebherr Container Cranes has completed its first ship-to-shore lift height increase with a new patented jacking system as part of Liebherr Transform. The operation was conducted under the supervision...
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...
Ramos Arizpe, Mexico Skyjack has opened a new manufacturing facility in Ramos Arizpe, Mexico. The new 200,000 sqft. (18,600 sqm) plant will manufacture Skyjack’s telehandler and boom range following significant changes and...

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.


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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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