The award-winning TCM forklift.

TCM three-wheel gets G Mark
ZAVENTEM, Belgium

TCM's electric three-wheel FTB 6 series forklifts have been awarded the "G Mark of 2005", a Japanese good design award initiated by the Japanese Government.

As early as the 1950s, the Japanese Government instituted the award to encourage Japanese industries to innovate and upgrade a wide range of merchandise. The Japan Industrial Design Promotion Organisation now assumes the roles and functions of the government for the award.

Caterpillar to position for future glory
NEW YORK, New York

Caterpillar Inc CEO Jim Owens told a meeting of financial analysts and shareholders in New York last week that the company aims to hit USD50 billion in sales and revenues by 2010.

"We have set challenging but realistic goals for 2010 and beyond ... It's about being number one in every endeavour we pursue, affirming our leadership in technology and innovation, and creating a great place to work," he said.

The company reported a 17 per cent increase for third quarter sales and revenues from USD7.659 billion for 2004 to USD8.977 billion this year. Sales and revenues for 2005 are forecasted to be up 20 per cent from 2004.