Skyjack business experiences slowdown

News Story
- 12 Mar 2009 ( #401 ) - Guelph, ON, Canada
1 min read
Skyjack has experienced a shift to smaller units
Skyjack has experienced a shift to smaller units
Linamar Corp reported its Skyjack business subsidiary is supplying customer needs from inventory and, for now, manufacturing only on demand for equipment not in inventory. Skyjack product lines include aerial work platforms and telehandlers.

The firm says the Skyjack manufacturing operation was idled in late November in a situation characterised as "basically lights out." Resumption of normal Skyjack operations is contingent on market conditions.

While the subsidiary is experiencing activity, Skyjack lacks an order backlog at this time, the company says. Skyjack experienced a shift in its scissor lift sales mix to smaller units with lower per-unit revenues in 2008.

Skyjack reports within Linamar's industrial segment, which had 2008 sales of CAD443.6 million (USD363.0 million) versus 2007 sales of CAD517.7 million (USD423.6 million). The industrial segment designs and produces mobile industrial products under the Skyjack brand.

Guelph-based Linamar management indicates it is focusing on cost reduction, opportunities for sales and potential takeover opportunities. Linamar's other business segment involves powertrain and driveline equipment.
Ritchie Bros. auction earns $54M
Ritchie Bros. auction earns $54M 1 Sep 2022 - Houston, TX, United States - 1 min read
Record 11/11 sales for EP
Record 11/11 sales for EP 2 Dec 2021 - Hangzhou, China - 1 min read
Forklift sales surge Down Under
Forklift sales surge Down Under 21 May 2020 - Australia - 1 min read
Previously about:
Skyjack expands manufacturing  News Story - 26 Jan 2023 - Ramos Arizpe, Mexico - 1 min read
Equipment auctions heat up News Story - 17 Mar 2022 - Orlando, FL, United States - 1 min read
Movers & shakers News Story - 26 Jul 2018 - 2 min read
Do you have materials handling news? Submit your news here
Inside The News
The month-long mooted tariffs on imports into the US have been formally enacted by President Donald Trump, having come into effect on Tuesday this week... Continue reading

Showcased in the Virtual Expo

New products this week include: Seegrid’s Lift RS1 Automated Mobile Robot (AMR), and EnerSys® new NexSys™ BESS energy storage system and Synova™ Sync charger. 

You can also view UN Forklift's F Series 2.5T 2WD & 4WD Rough Terrain Forklift alongside optimal tire solutions from Trelleborg Tires.

See upcoming product highlights for PROMAT 2025 in our new directory.

More to come! Enquire about featuring your products here.

Words of support …

After advertising with Forkliftaction.com, we got many enquiries regarding interest to be our distributor. Mostly from Europe and USA but including a few in ASEAN. We feel that the advertisement was useful and good for market expansion.

Lawrence Xu, Assistant Sales Manager - Resonac Asia Pacific Pte Ltd.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

New products this week include: Seegrid’s Lift RS1 Automated Mobile Robot (AMR), and EnerSys® new NexSys™ BESS energy storage system and Synova™ Sync charger. 

You can also view UN Forklift's F Series 2.5T 2WD & 4WD Rough Terrain Forklift alongside optimal tire solutions from Trelleborg Tires.

See upcoming product highlights for PROMAT 2025 in our new directory.

More to come! Enquire about featuring your products here.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

New products this week include: Seegrid’s Lift RS1 Automated Mobile Robot (AMR), and EnerSys® new NexSys™ BESS energy storage system and Synova™ Sync charger. 

You can also view UN Forklift's F Series 2.5T 2WD & 4WD Rough Terrain Forklift alongside optimal tire solutions from Trelleborg Tires.

See upcoming product highlights for PROMAT 2025 in our new directory.

More to come! Enquire about featuring your products here.