TCM's FTB16-7 electric forklift

TCM Corp is expanding its forklift and small construction machinery business in Europe with more sales agents and a new Moscow office.

According to Asia Pulse, TCM will assign staff solely responsible for the German market to its European subsidiary in Belgium. It plans to recruit 50 agents selling its forklifts and skid steer loaders in Germany by the end of the fiscal year.

A Moscow office, staffed by two employees to provide technical and sales support, is expected to be established next year.

TCM Corp representatives were unavailable to provide more details this week.