New TCM company hires MMD workers

News Story
- 30 Jun 2005 ( #215 ) - SWEDESBORO, NJ, United States
1 min read
TDU vice president and general manager Alex Shields.
TDU vice president and general manager Alex Shields.
The new TCM USA Holdings Inc established company, TCM Distribution USA Inc (TDU), is now actively managing 55 TCM dealerships in 26 US states and the District of Columbia.

After 30 years, TCM has ended its marketing and distribution agreement with Mitsui Machinery Distribution Inc ( News #214).

TDU vice president and general manager Alex Shields said the move gave both companies a chance to focus and grow their individual businesses.

"The US materials handling industry is fast-paced and dynamic. Those market dynamics, combined with timely, positive corporate-level changes within TCM, have presented us with the opportunity to establish a new company using a modern marketing and distribution model that emphasises market penetration and market share increases," Shields said.

He said an important reason for basing TDU in New Jersey was the chance to transition experienced Mitsui personnel into the new company.

"We have been fortunate to hire from MMD Equipment [several] great people who worked exclusively on the materials handling side of Mitsui's business," Shields said.

"Our [new] employees are seasoned veterans, some having 30 years of experience and are eager to develop TCM Distribution USA into the go-to company for material handling solutions."
Albion, MI, United States Caster Concepts has announced a 16,000 sqft. (1,500 sqm) USD2 million expansion at its headquarters in Central Michigan. The expansion will accommodate a larger engineering department, additional floor space...
Mumbai, India Konecranes and Larsen & Toubro (L&T), a large Indian multinational company, have signed a licensing agreement for the manufacturing and distribution of Konecranes port cranes in India, expanding Konecranes’ footprint...

Upcoming Events

March 20-23, 2023 - Chicago, United States
May 18-20, 2023 - Guangzhou, China
June 28-29, 2023 - Frankfurt am Main, Germany

Upcoming Events

March 20-23, 2023 - Chicago, United States
May 18-20, 2023 - Guangzhou, China
June 28-29, 2023 - Frankfurt am Main, Germany
Rebo Systems has developed a unique in-house label printer that can effectively satisfy all your demands for signs and labels on your materials handling equipment.
Automation solutions applied to the material handling world are continuously evolving. The latest technology development in Bolzoni has been to design and manufacture fully electric driven attachments to fit Automated Guided Vehicles.

Movers & Shakers

senior marketing manager
Tompkins Robotics, United States
chief digital officer
Wiferion, Germany
director of dealer development
Toyota Material Handling, United States
director of national accounts
Toyota Material Handling, United States


Hoist Liftruck F300-30
United States Pennsylvania
United States Pennsylvania
Canada Ontario

Featured Business

Flexi Narrow Aisle Ltd
Leading manufacturers of very narrow aisle (VNA) equipment.

Latest Jobs

Ghent, Kentucky, United States
Le Mars, IA, United States
Lexington, United States
Philadelphia, Mississippi, United States

Inside Forkliftaction

After some pessimism last year, the International Monetary Fund has increased its 2022 and 2023 growth forecasts. Global growth will slow from 3.4% in 2022 to 2.9% in 2023 and then rebound to 3.1%, the global agency predicts.
The IMF is encouraged by the recent reopening of China, which it
...Continue Reading