Airtrax sells first Sidewinder forklifts

News Story
- 18 Nov 2004 ( #184 ) - HAMMONTON, NJ, United States
1 min read
Airtrax Inc has received initial orders for 55 Sidewinder omni-directional forklifts, and expects to begin generating revenue by December 31.

The initial orders are worth more than USD1.75 million for the company.

The orders come after years of groundwork done by Airtrax in establishing a supply chain with strategic suppliers. Danaher Motion Control, Schaeff Forklift and The Timken Company provide critical components and/or assembly of the Sidewinder forklift.

Airtrax president Peter Amico said Timken had exclusive rights to supply Airtrax's patented wheel and would supply wheels for the production of the first 10 Sidewinders to be built at Schaeff Forklift in Bridgeview, Illinois, this quarter.

"The industry stature of our supply partners is just one of the reasons we've selected them to provide critical components," he said. "Receiving these initial orders for the Sidewinder marks a milestone achievement in bringing our revolutionary omni-directional vehicles to market.

"Production of the Sidewinder vehicle has taken longer than we anticipated due in part to delays in outsourced parts, both overseas and in the United States.

"Airtrax has been particularly sensitive to keeping the manufacture of this product US-based."

Peter Amico added that the American National Standards Institute had begun its certification process on the Sidewinder.
Airtrax's new Sidewinder available this year
Airtrax's new Sidewinder available this year 24 Aug 2004 - HAMMONTON, NJ, United States - 1 min read
FIRST AIRTRAX OMNI-FORKLIFTS SOLD
FIRST AIRTRAX OMNI-FORKLIFTS SOLD 21 Aug 2003 - HAMMONTON, NJ, United States - 1 min read
AIRTRAX IN NAVY DEMONSTRATIONS
AIRTRAX IN NAVY DEMONSTRATIONS 14 Aug 2003 - HAMMONTON, NJ, United States - 1 min read
Previously about:
Airtrax restates filings for two years News Story - 22 Jun 2007 - BLACKWOOD, NJ, United States - 1 min read
Airtrax names Robert Watson as CEO News Story - 2 Nov 2006 - BLACKWOOD, NJ, United States - 2 min read
Obituary: Airtrax founder Peter Amico dies News Story - 31 Aug 2006 - BLACKWOOD, NJ, United States - 1 min read
Airtrax's new Sidewinder available this year News Story - 24 Aug 2004 - HAMMONTON, NJ, United States - 1 min read
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