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|It's that time of year: we're starting to see financial reporting from the listed manufacturers, and so far, there's lots of blue ink.
We're witnessing strong sales on both sides of the Atlantic, with high volumes of materials handling equipment and systems in most markets.
Profits are also up in most cases - the exceptions centering around acquisitions and consolidation costs.
And on that score, we also report on some major takeovers this week.
We're certainly at the business end!
|Local News||Editorial articles by Forkliftaction News|
|Chinese forks out in force at CeMAT Australasia News|
Melbourne, Vic By Allan Leibowitz
CeMAT Australia wrapped up another edition in Melbourne last week, with a small materials handling presence in a show increasingly dominated by warehousing and logistics.
|Global News||Editorial articles by Forkliftaction News|
|KION confirms positive trend|
GERMANY The KION Group benefited from sustained strong growth in the markets for industrial trucks and supply chain solutions in the second quarter of 2018. The group's order intake rose by ...
|Hyster-Yale revenues up, profit down|
UNITED STATES Hyster-Yale Materials Handling has announced consolidated revenues of USD765.6 million (up 11.7%) and consolidated net income of USD5.6 million (down 38.3% from the same period last year) for the second ...
|PALFINGER continued its profitable growth|
AUSTRIA The PALFINGER Group continued to post growth in the first half of 2018. Revenue rose by 6.4% year-on-year to EUR801.9 million (USD938.62 million), reaching a new peak for a first-half ...
|Hiab buys rival Effer|
FINLAND Hiab has entered into an agreement to acquire the Effer loader cranes business from the CTE Group for an enterprise value of EUR50 million (USD58.4 million). This acquisition means a ...
|Manitou sales on the rise|
FRANCE Manitou Group has continued its solid performance, with a record second quarter and revenue growth of 17% compared to the first half of 2017.
Business was buoyant in ...
|Michelin buys Camso|
FRANCE Tyre giant Michelin will acquire Camso, headquartered in Magog, Quebec, Canada, and the two companies’ off-the-road (OTR) operations will be combined to form a new division to be managed from ...
JLG offers Positive Air Shut Off system
- McConnellsburg, PA, United States
TVH offers remanufactured engines
- Olathe, KS, United States
Dematic launches Customer Day series with Smart Sortation
- Oxfordshire, United Kingdom
|Bobcat, Jungheinrich in training initiatives|
GERMANY Bobcat has announced the launch of its new Bobcat Institute, replacing the Training Center at the Doosan Bobcat EMEA Campus in Dobris, Czech Republic.
The Institute has grown and ...
|TRIGO buys SCSI|
FRANCE TRIGO has acquired 100% of the capital of Supply Chain Services International, known as SCSI. SCSI is headquartered in Peoria, Illinois, USA, with operations in the United States, Europe and ...
|Bill Billard remembered|
UNITED STATES William G. Billard, president of the former W.T. Billard and MHEDA’s 1995 president, passed away peacefully on July 23, 2018.
Bill was a leader, mentor and friend to ...
|Man crushed in forklift accident|
UNITED STATES A 58-year-old North Fort Myers man was killed when he was crushed between a forklift and a truck.
James Padgett was stacking boxes onto a forklift in the driveway ...
|ANNOUNCEMENTS (Ads)||Advertise here|
|Hubtex refurbishes used vehicles at its factory|
Buying a refurbished vehicle represents a good alternative to investing in expensive new forklift trucks. At its service workshop, Hubtex Maschinenbau GmbH & Co. KG conducts maintenance work and general overhauls to its own vehicles.
Most economical forklift scale on the market today!
|FSIP Launches New Online Store|
FSIP is excited to announce the launch of their new online store, located at www.shop.fsip.biz. Browse & order new and remanufactured controls, battery chargers, motors, handsets, joysticks, dash displays, battery maintenance equipment and much more.
|New products Meijer Handling Solutions|
Many applications, such as Food and Pharmaceuticals, simply cannot allow the use of wooden pallets due to hygiene restrictions and/or contamination risks. What can they do to comply?
|Excellent news for all companies that use pallets|
A new study undertaken in the United States has shown that companies across the world can slash their supply chain costs thanks to a simple, UK-developed product.
|LEADING THE NEWS: Automation in Materials Handling|
A rapidly developing sector in the materials handling market, automation is a leading topic in the industry right now. Here is a roundup of some of the latest coverage from Forkliftaction's independent news service.