Yale Europe Materials Handling is anticipating a "significant increase" in demand for its counterbalanced and warehouse forklifts in Europe this year. Yale Europe's managing director Bill Pfleger said in a statement that demand for Yale forklifts had been "positive" following development of the Veracitor VX series forklifts. "The Yale distribution network continues to expand and the quality of our products, combined with our commitment to customer satisfaction, continues to attract new dealers and customers." Pfleger said Yale Europe employees were working flat out to ensure growth objectives were achieved. Yale Europe Materials Handling is part of the Nacco Materials Handling Group Ltd. Globally, the company operates 16 manufacturing facilities and five distribution centres. Yale's distribution network has more than 350 dealers in more than 62 countries. Bill Pfleger was travelling this week and could not be reached for further comment. Forkliftaction.com News will publish a news story about Yale Europe's ambitions for 2007 in an upcoming newsletter.