TCM RIGHTS USA CONFUSION

News Story
- 26 Jun 2003 ( #113 ) - TOKYO, Japan
1 min read
TCM Corp has issued a clarification to the market after branding confusion purportedly saw King Lift and Heli forklifts marketed and sold in the USA as TCM machines.

TCM's brief statement said Heli Forklift Wholesale Inc distributed King Lift and Heli forklifts in the USA on behalf of its parent company Anhui Heli Co Ltd, based in Nanjing, China.

"Regrettably, in the past, these forklift trucks may have been represented and sold as 'Chinese TCMs'. This implies a similarity or duplication between Anhui Heli products and TCM products, but nothing could be further from the truth," the statement said.

"We pledge there are no technical or other arrangements between TCM and Heli involved in the production of TCM forklift trucks for the North American market. Anyone stating otherwise should be regarded as misrepresenting the facts."
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In this week’s Forkliftaction News , we report on the GEP Global Supply Chain Volatility Index which shows Asian supply chains are at their busiest since June 2022 while the US and Europe’s supply chains remain under-utilised. One of the report authors describes the situation as being “as stable as it’s going to get”... Continue reading

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