Mitsui Machinery Distribution (MMD) has ended its marketing and distribution agreement with TCM Corporation.
According to Rental Equipment Register
magazine, MMD, which also operated under the name TCM America, had distributed TCM forklifts in 26 US states and the District of Columbia for the past 30 years.
TCM forklifts will now be distributed by TCM Distribution USA (TDU), a wholly-owned affiliate company of TCM USA Holdings.
MMD president Ron Johnson said TCM had been a great strategic partner for the company.
"But MMD Equipment has experienced dramatic growth with its construction equipment lines over the past few years and we have made a business decision to concentrate solely on construction equipment products, which we feel represent our future," he said.
MMD and TDU will cooperate closely to ensure a smooth transition. TDU will base its operations within MMD for the next six months until it can move into new, permanent headquarters in Bridgeport, NJ.