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Allan Leibowitz introduces news edition #851

Thursday, 14 December 2017 ( #851 )
Editor Allan Leibowitz comments on the news of the week
Editor Allan Leibowitz comments on the news of the week
There's nothing like an acquisition to get things moving. So, expect some significant implications from Hyster-Yale's purchase of a controlling interest in China's Maximal. Maximal is a large Chinese forklift manufacturer which produces equipment under the Maximal and SAMUK brands. It also designs and produces specialised port equipment and rough-terrain forklifts. The buy-in gives Hyster-Yale, a top 10 supplier, access to Maximal's manufacturing capability and to China's growing forklift market. It's a marriage of East and West, of high-end and mass market, that is becoming more common in the forklift world. No doubt, both parties will benefit from the union, and the move will increase competition globally.

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