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Issue #588 - 25 Oct 2012.
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Inside Forkliftaction.com Contact the Forkliftaction team
There have been several large mergers and acquisitions lately, and the manner of their revelation is generally as interesting as their substance. Some are the subject of speculation and rumour - and generally denied by all parties involved until the moment of announcement. Others come out of the blue, taking most observers by surprise. That’s the case with this week’s announcement of Toyota Industries Corp’s takeover of Cascade Corp. Of course, when M&As involve listed companies, some degree of secrecy is essential to prevent insider trading, and this USD759 million is no different. And the word from both sides is that it will be business as usual after the takeover.
We have all the details in our report this week.
 
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Local NewsFROM THE FORKLIFTACTION.COM EDITORIAL TEAM

Heavy lift specialist chooses Vulcan for project Australasia News
Perth, Western Australia Heavy lift specialist Agility Project Logistics has ordered two new Vulcan reach stackers from supplier MLA to add to its fleet which includes seven battery electric forklifts, 17 internal combustion... [more]
K&S expands supply chain operations in WA Australasia News
Bunbury, Western Australia Transport and logistics specialist K&S Corporation Limited will expand its Western Australia operations with an agreement to buy the business and assets of the Bunbury-based Collare Transport Group. The... [more]
Forklift operator awarded reparation for limb loss Australasia News
Whangarei Timber group Carter Holt Harvey (CHH) has been fined $44,000 and ordered to pay a further $50,000 to employee Tamihana Aramoana who was seriously injured in a workplace incident in... [more]
Safe Work Week raises awareness Australasia News
Adelaide, South Australia This week’s Safe Work Week, held across Australia, focused on safety initiatives to reduce injury, death and disease in the workplace. “Our goal is to inform, empower and inspire... [more]
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Global NewsFROM THE FORKLIFTACTION.COM EDITORIAL TEAM

TICO agrees to buy Cascade Corp for USD759 million
UNITED STATES Toyota Industries Corp (TICO) and Cascade Corp say they have entered into a definitive agreement under which TICO would acquire Cascade for USD759 million. Through a tender offer probably... [more]
UniCarriers consolidates forklift production
JAPAN UniCarriers Corp is consolidating its manufacturing sites in Japan to cut production costs. The company’s subsidiary, Nissan Forklift Co, has outsourced production to a Yokohama firm since 2001 but... [more]
ITA pursues trade negotiations, recognises Malvaso
UNITED STATES The Industrial Truck Association (ITA) is pursuing resolution of trade issues and, during its annual meeting, presented ITA’s meritorious service award to James J Malvaso. “Free or fair trade... [more]
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Eighth container crane for Exolgan
ARGENTINA Liebherr has commissioned its eighth ship-to-shore crane at Exolgan Container Terminal in Buenos Aires. Argentine president Cristina Fernandez de Kirchner attended a ceremony at the terminal to welcome the... [more]
WWL buys majority stake in Abnormal Load
Wallenius Wilhelmsen Logistics (WWL), a global provider of outbound logistics solutions, has acquired a 60% stake in supply chain solutions firm Abnormal Load Services (ALS). ALS will become an... [more]
MHEDA points members to critical impact factors
UNITED STATES A trade group for materials handling equipment distributors is encouraging its members to plan ahead through review of an annually updated  list of critical impact factors. “It... [more]
Jungheinrich introduces new machines
Jungheinrich UK Ltd has launched the EJC 110/112/212 compact, electric pedestrian-operated stacker trucks that can lift up to 1.2 T to 4.7 m (15.4 ft.) high. The manufacturer designed... [more]
Movers & Shakers
Terex Corp, B&B Attachments Ltd, Heli Americas, Consolidated Fork Truck Services, Clark Material Handling Company, [more]
Briefs
Exhibition wins gold twice - Rocester, United Kingdom
Bendi innovation honoured - Redditch, United Kingdom
ID firm priorities R&D - Bologna, Italy
TVH distributes Chinese brand - Waregem, Belgium
Bac2 lands Materials Award - Southampton, United Kingdom [more]
Forklift mast blasts through bridge section
UNITED STATES Exceeding a height limitation, the mast of a Hyster forklift on a low-boy trailer destroyed a portion of a pedestrian overpass in the Honolulu community of Aiea. No-one was injured.... [more]
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Publish your brief here
SMV 10-TON MACHINES NOW IN STOCK
At PHL’s conveniently located UK warehouse showroom. Newly refurbished to the highest standard and ready to view.

SMV are known world-over for their build quality and reliability. A super strong box-type chassis supported with lateral stress bracing; high-torsional strength frame, designed to last. PHL is the UK’s highly respected supplier of used forklift trucks to the worldwide trade.
Features include:
. 6-cylinder Scania turbo-charged diesel engine  . Heavy duty powershift transmission
. Oil-cooled wet disc brakes  . Freelift masts of 3.6-5.5m
. Integral positioner & sideshift  . 2.8m forks  . Air conditioned cabin

Contact PHL for further information, specification and prices!

[more]
ANNOUNCEMENTSPublish your article here
EP and Lencrow cover the full range of pallet trucks
Lencrow Materials Handling is eagerly awaiting the release of EP’s latest model in their range power pallet trucks, the EPT20-30WA early next year. This unit is a 3000kg end rider pallet jack that also comes with options of single or double length. [more]
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TVH Becomes Official Distributor Xinchai Engines and Spare Parts
TVH has been appointed ‘authorized aftermarket distributor for Xinchai engines and spare parts’. This means that TVH will be responsible, through its network of branches, for the quick distribution of genuine spare parts for Xinchai engines worldwide. [more]
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Nexen Enters Indian Market
Nexen has entered the rapidly growing Indian Lift Truck market with the announcement of an agreement with Jay Equipment and Systems Pvt Ltd. to represent and distribute its products in India. [more]
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Mitsubishi adds two special-performance models to its PREMIA ES power pallet truck range
Two special productivity-focused models have been added to the award -winning PREMIA ES series of pedestrian power pallet trucks from Mitsubishi Forklift Trucks. They are aimed at applications involving occasional longer distances or intensive loading and unloading work. [more]
Hoist Liftruck Manufacturing Inc reports unprecedented growth
Intermodal transportation is ever changing and Hoist is continually adapting to meet its customers’ needs by offering a wide portfolio of high quality, customized material handling equipment. The Hoist Reach Stacker is designed with these principles in mind. [more]
RAEDER-VOGEL®: German Manufacturer of Premium Quality Wheels, Tires, and Castors for Heavy Forklifts
RAEDER-VOGEL® is the renowned specialist manufacturer of premium quality wheels, press-on tires, and castors for all demanding and heavy-duty applications. OEM manufacturers around the world rely on our wheels and castors for their standard and custom-built heavy forklifts. [more]
PROMAT 2013 Exhibition
ProMat 2013 will be the largest international material handling, supply chain and logistics show and conference held in North America. Over 700 exhibitors, including Keytroller, TVH Americas and systems Logicare expected to showcase their solutions on the ProMat 2013 Show floor. [more]
Safety First
FROM OUR INDEPENDENT SAFETY EXPERTS
Rob Vetter: Investment, Risk and Reward
Rob Vetter argues that we shouldn’t gamble on safety.
[more]
ANNOUNCEMENTS
SMV 10-TON MACHINES NOW IN STOCK
EP and Lencrow cover the full range of pallet trucks
TVH Becomes Official Distributor Xinchai Engines and Spare Parts
Nexen Enters Indian Market
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Mitsubishi adds two special-performance models to its PREMIA ES power pallet truck range
Hoist Liftruck Manufacturing Inc reports unprecedented growth
RAEDER-VOGEL®: German Manufacturer of Premium Quality Wheels, Tires, and Castors for Heavy Forklifts
PROMAT 2013 Exhibition
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[FORKLIFTACTION MARKETPLACE]
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Tailift Co., Ltd.
NanTou City, Taiwan  [more]
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suzhou, China  [more]
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Medina, Ohio - United States  [more]
Top Lift Enterprises Inc.
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Laadur OU - Forklifts
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Plant Handling Limited (PHL)
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[FORKLIFTACTION BUSINESS DIRECTORY]
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Upcoming Events
1. The Battery Show 2012
MICHIGAN, United StatesNOVEMBER 13, 14, 15 2012     [more]
2. Logimat 2013
Stuttgart, Germany19th to 21st February 2013     [more]
3. BAUMA China 2012
Shanghai, China27th to 30th November 2012     [more]
4. Fuel Cell Seminar & Exposition
Uncasville, Connecticut, United States5th to 8th November 2012     [more]
5. IMHX 2013
Birmingham, United Kingdom19th to 22nd March 2013     [more]
6. ProMat 2013
Chicago, United States21st to 24th January 2013     [more]
7. CeMAT
Hannover, Germany19th to 23rd May 2014     [more]
8. CeMAT Asia
Shanghai, China29th October to 1st November     [more]
9. Logistica 2012
Utrecht, Netherlands13th to 16th November 2012     [more]
10. 7th Philippine Ports and Shipping 2013 Exhibition and Conference
Manila, Philippines30th and 31st January 2013     [more]
11. 7th Indian Ocean Ports and Logistics 2013 Exhibition and Conference
Beira, Mozambique27th & 28th February 2013     [more]
12. CeMAT INDIA
Delhi, India21st to 24th November 2012     [more]
[EVENTS CALENDAR]
 
In The Discussion Forums
"What are Samuk going to do with all the old stock HC product now they are changing to Maximal as no-one will want to buy old stock machines now they are promoting a new product.".
forkinlift, United Kingdom
"As Yogi Berra used to say "It Ain't Over Until It's Over" "Cascade Corporation Investor Alert: Proposed Sale Investigated By Securities Attorneys At The Briscoe Law Firm And Powers Taylor, LLP"".
johnr_j, United States
"As a forklift training specialist, my income is solely based on providing the most meaningful forklift training available. Most companies seek the cheapest, not necessarily the best. There have been four incidents in my area over the past few months, none of these firms staff trained by me.".
dan_m, Canada
[FORKLIFTACTION FORUMS]
Job Vacancies
1. Buyer - Full time
United States, Danville, Illinois[more]
2. Material Handling Road/Equipment Technician - Full time
United States, Norfolk, Virginia[more]
3. Road Service Technician - Full time
United States, Northwest Suburbs of Chicago IL.[more]
4. Sales Representative - Full time
United States, Charlotte, NC[more]
5. Forklift Service Technician - Full time
United States, Charlotte/Rock Hill[more]
6. Forklift Service Technician - Full time
United States, Charlotte/Rock Hill[more]
[FORKLIFTACTION JOBS]
Resumes
1. Business Development, Key Accounts, Sales Consultant - Full time
New Zealand, New Zealand[more]
[FORKLIFTACTION RESUMES]
Editorial Calendar 2011
 • Contact us for editorial features in 2012
December
Spare Parts
January
Industry Overview 2010
February
North American Materials Handling Industry
March
Forklift Technology Trends
April
Accessories and Cabin Options
May
Forklift Rental and Financing
June
AGV: Automatic Forklifts
July
Chinese Manufactured Forklifts
August
Fleet and Asset Management
September
The Forklift Industry in Scandinavia
October
Fuel Cells and Hybrid Technology
November
Forklift Refurbishing / Reconditioning
December
Rough Terrain Forklifts
[FORKLIFTACTION EDITORIAL CALENDAR]
 
 
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