Allan Leibowitz introduces news edition #831

Inside Forkliftaction
- 27 Jul 2017 ( #831 )
1 min read
Editor Allan Leibowitz comments on the news of the week
Editor Allan Leibowitz comments on the news of the week
Sometimes, we can't see the big picture and we need a bit of perspective. This week, that insight comes from the International Monetary Fund, which is upbeat about its growth projections for the global economy.
The latest IMF outlook notes that "there is now no question mark over the world economy's gain in momentum".
The global lender is most buoyed about trade growth, which it sees as entering its "broadest synchronised upswing" of the last decade. Growth is tipped for 4% in 2017/8.
This optimism should be reflected in the next round of financial reports from the major materials handling businesses, with reports expected to appear from next week.
Norcross, GA, United States C & B Material Handling has acquired the assets of Jefferds Corporation and its Homestead Material Handling Company subsidiary, expanding Hyundai’s footprint in North America. With multiple dealer locations, Jefferds...
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...

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With its new sit-on stackers, Cat® Lift Trucks is again encouraging businesses to look beyond the usual materials handling solutions.
MHEDA’s Annual Convention and Exhibitor Showcase will take place from April 29-May 3, 2023, in Nashville, TN.
Long Valley, NJ, United States Racking specialist Frazier has announced the passing of executive vice president, Domenick Iellimo at the age of 69. He passed away peacefully in New Jersey surrounded by loved ones...
Lawrence, MA, United States Abel Womack has purchased the assets and customer base of NECO Systems, a Connecticut-based forklift and materials handling organisation for nearly 27 years. Tom Franceskino, NECO president and former...

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