Inside the News - Edition #806

Allan Leibowitz -
Inside the News
- 2 Feb 2017 ( #806 )
1 min read
We sometimes get so caught up in detail that we overlook the big picture. That's why it's important to take note of analysis like the industry forecast that we include this week.
The report estimates that the global forklift market will reach USD51 billion by 2022, growing at 6.6% per year.
Specifically, it anticipates that electric forklifts will surge ahead - and that's not taking into account the rapid rise of battery technology.
And, for those looking at market potential, the report predicts the continuing growth of the Asia Pacific market, which was already dominant in 2015.
The bottom line is that we are in a growth industry and can look forward to an ongoing upward trend.
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Inside The News
In this week’s Forkliftaction News we look at the financial reports of some of the materials handling industry’s largest players including Hyster-Yale, KION and Hangcha... Continue reading
KION reports dip in Q1 revenue Frankfurt am Main, Germany
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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 - SNDC
Hyster-Yale reports Q1 revenue fall Cleveland, OH, United States
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After advertising with Forkliftaction.com, we got many enquiries regarding interest to be our distributor. Mostly from Europe and USA but including a few in ASEAN. We feel that the advertisement was useful and good for market expansion.

Lawrence Xu, Assistant Sales Manager - Resonac Asia Pacific Pte Ltd.

PREMIUM business

Cascade Corporation (World HQ)
Leading manufacturers of attachments, forks and related technologies for forklifts and AGVs.
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