Inside the News - Edition #373

Allan Leibowitz -
Inside the News
- 14 Aug 2008 ( #373 )
1 min read
It's probably not that love is in the air, but there seems to be lots of 'mating' in the forklift market at the moment. This week we again report on some acquisitions in various markets, while we are also aware of some smaller corporate buy-outs either under way or about to happen. It seems that the prospect of tough times ahead together with some good-value purchase opportunities are driving the forklift industry the way of airlines, automotive manufacturing and a range of other industries - towards rationalisation. While competition is a great thing, there's a lot to be said for the critical mass that comes from consolidation - and especially with the Chinese manufacturers flexing their muscle, smaller players need to think carefully about their future.
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Inside The News
In what may prove to be a sign of things to come, Canadian materials handling equipment lithium-ion battery manufacturer, UgoWork, has announced battery assembly for some forklifts bound for the North American domestic market will now be done in the US. See the story for full details... Continue reading
Upcoming in the editorial calendar
MANAGING MIXED FLEETS
Oct 2025
ASSET FINANCE
Nov 2025
Words of support …

These releases in Forkliftaction are a nice experience for SNDC... We got seven inquiries coming from Canada, USA, Mexico, Israel and Australia (five from retailers, two from machines manufacturers) and we are still in contact with them. I can state that's a success story!

David Massat, Sales Director OEM and Export
Upcoming in the editorial calendar
MANAGING MIXED FLEETS
Oct 2025
ASSET FINANCE
Nov 2025
Words of support …

These releases in Forkliftaction are a nice experience for SNDC... We got seven inquiries coming from Canada, USA, Mexico, Israel and Australia (five from retailers, two from machines manufacturers) and we are still in contact with them. I can state that's a success story!

David Massat, Sales Director OEM and Export

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