Rocla Oyj to sell own shares
JÄRVENPÄÄ, FinlandRocla Oyj's board of directors has received authorisation from the company's annual general meeting to sell a maximum of 150,000 Rocla Oyj shares at the Helsinki Stock Exchange.
Demand for Rocla forklifts was growing and the capital invested in the shares would be released for the company's investment program, Rocla said in a statement.
One in three forklifts leased
HAMBURG, GermanyThe proportion of materials handling equipment leased by Jungheinrich customers is on the rise, according to Jungheinrich's board of management chairman Cletus von Pichler.
"In 2004, for the first time, the value of leasing contracts, based on the original price, exceeded EUR1 billion," von Pichler told the company's annual general meeting.
"This amount represents more than 65,000 trucks sold on lease contracts. The growth rates are highly impressive: 7 per cent in terms of total value and 8 per cent in terms of the number of trucks."
Narrow Aisle changes corporate name
DALLAS, TX, United StatesNarrow Aisle North America has changed its name to Narrow Aisle Inc.
Narrow Aisle Inc said its original name was too geographically restrictive to reflect its close association with partner company Narrow Aisle Ltd in West Midlands, United Kingdom.
Its product name has also changed from DV8r to Flexi, as it is known outside North America.