Doosan wants to sell forklift business
Seoul, South KoreaDoosan Infracore Co is considering selling its forklift business to focus on its construction equipment business and to secure capital for global expansion.
A company spokesman told Dow Jones International News that Doosan wants to inject proceeds from a potential sale to build excavator plants in China and Brazil.
He said the company has 50-55% share of the domestic forklift market.
Peter Church |
New managing director for FB Chain
Letchworth, United KingdomLeaf chain manufacturer FB Chain Ltd has appointed Peter Church as its new managing director. Church succeeds Phil Taylor who retires after 25 years at the helm of the Letchworth-based company.
Church says he is "relishing the challenge" of tapping further into existing sectors and exploring new markets for the company's products.
More companies at Multimodal 2011
Birmingham, United KingdomThe fourth annual Multimodal 2011, to be held at Birmingham's National Exhibition Centre on 5-7 April, is promising its strongest exhibitor contingent.
About 200 exhibitors have registered for the expo, which is now 100% larger than when it started in 2008. Visitor numbers jumped by 26% last year and over 4,000 high-level retail, manufacturing, import and export executives are expected this year.
First-time exhibitors include DP World Southampton, Toyota, Liebherr, Terberg and Palletline.