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Dear reader,
WELCOME TO FORKLIFTACTION.COM, MATERIALS HANDLING ONLINE.
This is issue #75 - 18 September 2002 of the weekly newsletter for industry professionals.
 
INSIDE FORKLIFTACTION

NEWS
1. KONE ACQUIRES PARTEK
2. RUSSIAN INTEREST IN BALKANCAR?
3. B&B RETAINS KAUP PARTNERSHIP
4. HYSTER ENTERS HUNGARY THROUGH ZEPPELIN-KOROS-SPEDIT DEAL
5. RONCARI, VAN GENT JOIN FORCES
6. JAPANESE GOVERNMENT SUED OVER FORKLIFT INJURY

UPCOMING EVENTS
7. TOC 2002 AMERICAS
8. THE 8TH TAIPEI INTL LOGISTICS SHOW 2002
9. EXPOSHIPPING 2002

OPEN TENDERS
10. LICENCE OF TECHNOLOGY - EXTENDABLE WHEELBASE
11. MONTHLY LEASE OF 2 EACH 50K FORKLIFTS
12. QTY 1 DREXEL MODEL SLT-30 FORKLIFT
13. ELECTRIC LIFT TRUCK, 38 V, CATERPILLAR, MODEL EC25KS, OR
14. 2727 KG (6000 LBS.) SELF PROPELLED, PROPRANE POWERED FORK-LIFT
15. ACQUISITION D'UN CHARIOT ELEVATEUR ELECTRIQUE
16. 10,000 KG DIESEL FORKLIFT AND SLIP ON TYNES


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1. KONE ACQUIRES PARTEK 
HYVINKAA, Finland
Kone Corporation has bought 98 percent of Parteks shares to form a super company with EUR5.6 billion (USD5.47 billion) in annual sales and a workforce of more than 35,000.

The purchase price has not been released.

Under the deal, announced on September 9, Kone acquires Partek's Kalmar (container handling), Hiab (load handling), Valmet (forest machines) and Valtra (tractors) businesses. Kone is now the parent company of Partek, and aims to de-list its newest subsidiary from the Helsinki Stock Exchange by the end of the year.

Kone, in a statement, said Parteks minimal debt and strong cash flow made the acquisition possible. While the deal increased Kones debt, the planned sale of Partek's non-core operations and the strong cash flow of both companies would decrease indebtedness.

Kone plans to substantially improve the profitability of Parteks individual businesses. Savings would be achieved through consolidation of Kone and Partek. Divestment of non-core assets would create cash flow.

Production would be streamlined, with a focus on core businesses and markets to increase flexibility. Kone would focus on boosting Parteks after-sales business, which currently commands 15 percent of Partek's net sales. Kones corresponding figure is about 60 percent.

- Kone website -
2. RUSSIAN INTEREST IN BALKANCAR? 
SOFIA, Bulgaria
A Russian delegation of more than 80 businessmen and government officials will attend the Plovdiv International Fair in October to discuss investment opportunities in ailing forklift manufacturer Balkancar.

Russian industrial minister Ilya Khlebnikov told the Pari Daily the delegation would attend the show with the intention of investing in Balkancar, which had been seeking private backers in recent months.

Pari Daily said there were two options for privatisation: selling Balkancar in pieces to various independent buyers, or selling it as a complete entity.

- Balkancar website -
3. B&B RETAINS KAUP PARTNERSHIP 
INKPEN, United Kingdom
Mast and forklift attachments supplier B&B Attachments has renewed its dealership contract with Kaup GmbH, Europes largest attachments producer, extending a 22-year relationship with the German company.

Since beginning the partnership in 1980, Kaup had expanded production to more than 30,000 attachments a year, and B&B had become a major materials handling force in the United Kingdom and Ireland, said B&B managing director Mike Barton.

We are very pleased that the relationship with Kaup is being maintained. By continuing to work with Kaup, we will further enhance our position and standing in the attachments market, and maintain our reputation for providing innovative, quality products and services at the right price.

Kaup managing director Holger Kaup said both companies were committed to further growth in the United Kingdom and Ireland.

An excellent relationship has been forged between Kaup and B&B over many years, and we are delighted that it is continuing.

Kaup this year celebrates 40 years in the attachments market. Renowned for design creativity, the companys Aschaffenburg, Germany, production facility manufactures multiple pallet handlers, sideshifters, rotating heads, carton clamps, bale clamps and carpet booms.

B&B is a major player in the paper handling industry, currently supplying more than 70 percent of paper handling attachments at United Kingdom ports. The company was founded in 1980, originally as an attachment importer. It is now the acknowledged market leader in the distribution and development of a wide range of masts and attachments.

- B&B Attachments website -
4. HYSTER ENTERS HUNGARY THROUGH ZEPPELIN-KOROS-SPEDIT DEAL 
BUDAPEST, Hungary
Zeppelin-Koros-Spedit Kft is the newest addition to the Hyster forklift distributor network, opening in Hungary last week.

Zeppelin-Koros-Spedit chief executive Istvan Kovacs said the company was aiming at a 10 percent share of the Hungarian forklift market within three years, and 13 percent within five years, an MTI-Econews report said.

Zeppelin-Koros-Spedit, a wholly-owned subsidiary of Koros-Spedit Rt, became the official vendor of Hyster in Hungary under an agreement between Hyster Europe and Zeppelin Osterreich GmbH, a distributor of Caterpillar equipment.

Mr Kovacs said the company hoped to reap HUF1.5 billion (USD6 million) in revenue from the forklift market in Hungary a year.

He said 2600 materials handling machines, worth HUF9 billion (USD36 million), were sold in Hungary in 2001, including 1600 forklifts, worth HUF7 billion (USD28 million), and another 1000 related machines, worth HUF2 billion (USD8 million).

5. RONCARI, VAN GENT JOIN FORCES 
NIJMEGEN, Netherlands
Attachments importer Roncari Benelux BV has expanded its network through an exclusive distributor arrangement with Van Gent forklift parts.

Through the agreement, Van Gent will access the Roncari attachments range for its dealers in the Netherlands, adding Roncaris side-shifts and fork positioners to its parts on offer.

Roncari director Jules Walta said Van Gent was an ideal partner to increase the companys profile.

- Van Gent website
6. JAPANESE GOVERNMENT SUED OVER FORKLIFT INJURY 
YOKOSUKA, Japan
A worker at the USA Navy base in Yokosuka has filed a damages lawsuit against the Japanese Government over a forklift injury he suffered at work in 1999.

Mikio Ishikawa, 45, is seeking JPY43 million (USD353,880) in damages after cutting three fingers on his left hand and fracturing four fingers on his right hand after using wire to replace parts on a forklift in April 1999.

A Japan Times report said Mr Ishikawa, who has worked at the base since 1978, claimed the US military did not pay sufficient attention to safety, and that the government should compensate him for the accident.

The government is defending the allegations, arguing that Mr Ishikawas own carelessness caused the injury.

 
7. TOC 2002 AMERICAS
Miami Florida, United States
19th,20th and 21st November 2002
8. THE 8TH TAIPEI INTL LOGISTICS SHOW 2002
Taipei, Taiwan
16th, 17th, 18th and 19th November 2002
9. EXPOSHIPPING 2002
Istanbul, Turkey
30th, 31st October and the 1st Nov. 2002
 
10. LICENCE OF TECHNOLOGY - EXTENDABLE WHEELBASE
Milton, Australia
Closing: 26 September 2002 TBA - Contract: Invent 1
11. MONTHLY LEASE OF 2 EACH 50K FORKLIFTS
Incirlik AB, Turkey
Closing: 30 September 2002 TBA - Contract: F61358-FORKLIFT
12. QTY 1 DREXEL MODEL SLT-30 FORKLIFT
Kansas City, MO, United States
Closing: 22 September 2002 TBA - Contract: NAAJ8500200011JAS
13. ELECTRIC LIFT TRUCK, 38 V, CATERPILLAR, MODEL EC25KS, OR
Quebec, Canada
Closing: 02 October 2002 2:00pm - Contract: F3072-020023/A
14. 2727 KG (6000 LBS.) SELF PROPELLED, PROPRANE POWERED FORK-LIFT
Edmonton, Canada
Closing: 20 September 2002 4:00pm - Contract: 885522
15. ACQUISITION D'UN CHARIOT ELEVATEUR ELECTRIQUE
Sillery, Canada
Closing: 24 September 2002 11:00am - Contract: QC-RAMQ-20020627
16. 10,000 KG DIESEL FORKLIFT AND SLIP ON TYNES
Melbourne, Australia
Closing: 23 September 2002 5:00pm - Contract: Q0001/DVH
 

  

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