Cascade director sells stock

News Story
- 12 Jul 2007 ( #318 ) - NEW YORK, United States
<1 min read
A director of Cascade Corp., a forklift attachment maker, exercised options for 3,800 shares of common stock and then sold them.

According to a Securities and Exchange Commission filing, Duane C. McDougall reported he sold the shares on Tuesday for $83 each.

McDougall has been a director of Cascade since 2002. He served as president and chief executive officer of Willamette Industries, Inc., an international forest products company, from 1998 to 2002.

Cascade Corp., is based in Wilsonville, Ore. and has operations in Europe, the Middle East, Asia Pacific and Africa.
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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

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