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Dear reader,
WELCOME TO FORKLIFTACTION.COM, MATERIALS HANDLING ONLINE.
This is issue #117 - 24 July 2003 of the weekly newsletter for industry professionals.
 
INSIDE FORKLIFTACTION

NEWS
1. NACCO SURGES THROUGH Q2
2. CHALLENGING TIMES FOR KCI KONECRANES
3. **FORK TALK** BITA LAUNCHES CAREERS INITIATIVE
4. **CORRECTION** CESAB CARRELLI ELEVATORI SPA
5. CROWN PE 4000 SERIES AN "INVESTMENT IN DURABILITY"
6. HAPPY ENDING TO HORSE DRAMA

UPCOMING EVENTS
7. MATEXPO 2003
8. LOGISTICS SHOW - SALAO DA LOGISTICA
9. BITA INDUSTRY CONFERENCE

OPEN TENDERS
10. ROUGH TERRAIN FORKLIFT
11. 5 (FIVE) FORK-LIFT TRUCKS AND 1 (ONE) TELESCOPIC HANDLER
12. REPAIR - VARIOUS FORKLIFT HYDRAULIC CYLINDER ASSEMBLIES
13. PLC EQPT & MICROLOGIC FOR PALLET STACKER
14. FORKLIFT 15,000KG
15. HIRE OF FORKLIFTS
16. PORTABLE FORKLIFT RAMP - URGENT TENDERS CLOSE 24 JULY
17. FORKLIFT 1000KG



Forkliftaction.com is the place to go to find your next job or post your resume. Forkliftaction.com regularly has jobs posted, and many professionals in the industry post their resumes on the website seeking a step up the ladder or a new position. To read more about Forkliftaction.coms Jobs & Resumes section, click here. Forkliftaction.com subscribers are welcome to post positions vacant and resumes on this page at no cost. Resumes can be posted anonymously. The Jobs & Resumes section could lead you to a better job or help you find the right candidate.

This week Forkliftaction.com's research team has revised and added specifications in the Equipment Catalogue for some of the Schaeff range of forklifts, and some of the attachments manufactured by Meyer. If you deal with these brands, please check our entries and contact research manager Rodger Lamb if changes are required.




1. NACCO SURGES THROUGH Q2 
MAYFIELD HEIGHTS, OH, United States
Nacco Industries Inc has announced a second quarter net profit of USD9.6 million (EUR8.4 million), a massive turnaround from the USD2.8 million (EUR2.4 million) reported in the second quarter of 2002.

The strong quarter lifts Nacco's net income, for the half-year to June 30, to USD13.7 million (EUR11.9 million), compared to USD9.1 million (EUR7.9 million) last year. Revenues for the second quarter came to USD637.5 million (EUR551.1 million), compared to USD609.6 million (EUR530.8 million) last year, while six-month revenues finished at USD1.3 billion (EUR1.1 billion) compared to USD1.2 billion (EUR1 billion) last year.

Nacco Material Handling Group's (NMHG) wholesale division earned USD6.3 million (EUR5.5 million) on revenues of USD389.2 million (EUR338.9 million), compared to net profit of USD2.5 million (EUR2.1 million) on revenues of USD347.2 million (EUR302.3 million) for Q2 of 2002.

NMHG said revenues increased due to increased sales in each geographic division, a shift in customer buying to higher-priced forklifts and favourable currency movements, namely the USD's contraction against the euro.

Forklift shipments increased 5% to 16,961 units for Q2, compared to 16,135 units for the second quarter of 2002. NMHG Wholesale's worldwide backlog increased to 19,400 units, compared to 17,500 units at the end of the second quarter of 2002 and 17,300 units at the end of the first quarter this year.

For the six months to June 30, NMHG Wholesale reported net profit of USD11.0 million (EUR906 million) on revenues of USD771.8 million (EUR672 million), compared to USD8.1 million (EUR7 million) earned on revenues of USD674.9 million (EUR587.7 million) in the first six months of 2002.

While global markets were uncertain, NMHG said forklift shipments would increase moderately in the second half. "Markets in the Americas are anticipated to improve, while Europe and Asia-Pacific are expected to remain relatively flat," the company said.

NMHG's retail arm reported a USD600,000 (EUR522,466) net loss on revenues of USD39.2 million (EUR34.1 million) for the second quarter, compared to a net loss of USD3.7 million (EUR3.2 million) on revenues of USD41.5 million (EUR36.1 million) for the second quarter of 2002. The company said the improvement was largely due to stronger results in the Asia-Pacific regions retail operations.

For the six months to June 30, NMHG Retail had a net loss of USD2.0 million (EUR1.7 million) on revenues of USD75.6 million (EUR65.8 million), compared to a net loss of USD5.0 million (EUR4.4 million) on revenues of USD85.6 million (EUR74.5 million) for the first six months of 2002.

NMHG said it would continue attempts to improve the performance of its wholly-owned dealerships, and hoped to achieve and sustain at least break-even results.

- Nacco website -
2. CHALLENGING TIMES FOR KCI KONECRANES 
HYVINK, Finland
KCI Konecranes says its 2002 profit level is still within reach, despite a weak start to 2003.

But actions to rationalise capacity and increase efficiency would result in KCI Konecranes total operating profit staying below the 2002 figure.

The company reiterated a comment from its first quarter report: "The profit level of 2002 remains within reach, however the business environment remains very challenging."

Demand for industrial cranes in Europe and North America remained weak and growth was not yet expected, Konecranes said in a statement. Maintenance services continued to grow.

KCI Konecranes will publish its January-June 2003 interim report on August 7.

- KCI Konecranes website -
3. **FORK TALK** BITA LAUNCHES CAREERS INITIATIVE 
SUNNINGHILL, United Kingdom
The British Industrial Truck Association (BITA) has launched a new campaign to attract students to the materials handling industry.

The initiative is part of an ongoing program designed to raise awareness of career opportunities available to school leavers, and to improve links between employers and students.

BITA president Brian Tyrer said industry feedback suggested a shortfall of new recruits in engineering, sales and service. A brochure, to be distributed at schools, colleges and careers centres, would detail job roles, entrance requirements and companies running recruitment programs.

"Our main aim is to encourage young people to consider the materials handling industry when making career choices," Mr Tyrer said. "The brochure is one way in which we hope to raise the profile of the industry and get the message across to young people about the many and varied careers on offer."

BITA is also introducing a student connection service which ensures students' CVs are seen by more than 50 of the UK's leading manufacturing and distribution companies. Participating students receive careers information, notification of job vacancies and advice on how to get into the industry.

- BITA website -
4. **CORRECTION** CESAB CARRELLI ELEVATORI SPA 
BRISBANE, Australia
In Forkliftaction.com News #116, Forkliftaction.com published incorrect and potentially misleading information about Cesab's forklift range.

Contrary to the story that appeared, Cesab will not introduce AC technology across its range, only on its battery-powered models. Forkliftaction.com has amended the online version of the story, which can be viewed here: http://www.forkliftaction.com/news/newsdisplay.asp?nwid=1005.

Forkliftaction.com apologises for the error and, in accordance with its editorial policy, publishes this public notice of the error and subsequent correction.

5. CROWN PE 4000 SERIES AN "INVESTMENT IN DURABILITY" 
NEW BREMEN, OH, United States
Crown Equipment Corp has released a new series of pallet trucks, the PE 4000 Series.

Crowns latest range, which the company has called an "investment in durability", is up to 45% heavier than the competition, due to the use of additional steel at critical stress points. The trucks feature wear plates made of T1 steel and steel doors that guard against damage to internal components.

Crown says the PE 4000 Series has the industry's biggest drive unit and a 13-inch drive tyre for a smoother ride and surer handling. The trucks castor assembly incorporates shim-free, quick-adjust features for wheel life, stability, and better handling, braking and traction.

The trucks have a sculpted power unit, a ribbed kneepad design, premium mats and floorboards to protect against heat, jarring motions and bumps.

No details of the new truck's distribution roll-out were released before publication.

- Crown website -
6. HAPPY ENDING TO HORSE DRAMA 
MORAY, United Kingdom
A forklift has come to the rescue after a prize-winning Clydesdale horse panicked and got wedged in its carriage.

Owner James McRitchie told the Forres Gazette he had feared for his beloved eight-year-old horse, Jeannie, when she collapsed in her trailer in a car park. After coming round moments later, she panicked and tried to bolt through a side door.

The horse, about 18 hands high and weighing one tonne, got trapped in the door, which is no more than 60cm wide.

The horse was sedated by a vet while efforts were made to free her. A forklift from a nearby factory was called in to help pull the horse free, and firefighters assisted with the rescue.

"She was wedged tight by her shoulders, and we had to put slings around her waist to lift and pull her at the same time," Mr McRitchie said.

Jeannie was eventually freed, and suffered only minor cuts.

Picture courtesy of the Forres Gazette.

 

7. MATEXPO 2003
Kortrijk, Belgium
3rd to 7th September 2003
8. LOGISTICS SHOW - SALAO DA LOGISTICA
Sao Paulo, Brazil
26th to 29th August 2003, 4 days
9. BITA INDUSTRY CONFERENCE
Utrecht, Netherlands
10-11 November 2003
 

10. ROUGH TERRAIN FORKLIFT
Muscat, Oman
Closing: 30 July 2003 TBA - Contract: SAC/IHY-2003/188 a
11. 5 (FIVE) FORK-LIFT TRUCKS AND 1 (ONE) TELESCOPIC HANDLER
Reading, United Kingdom
Closing: 29 August 2003 10:00am - Contract: CPV:29221511
12. REPAIR - VARIOUS FORKLIFT HYDRAULIC CYLINDER ASSEMBLIES
San Diego, CA, United States
Closing: 05 August 2003 TBA - Contract: N0024403R0058
13. PLC EQPT & MICROLOGIC FOR PALLET STACKER
New Brunswick, Canada
Closing: 05 August 2003 1:30pm - Contract: 9364085
14. FORKLIFT 15,000KG
Muscat, Oman
Closing: 30 July 2003 TBA - Contract: SAC/IHY 2003/188 b
15. HIRE OF FORKLIFTS
Livingston, United Kingdom
Closing: 14 August 2003 TBA - Contract: CPV:71340000
16. PORTABLE FORKLIFT RAMP - URGENT TENDERS CLOSE 24 JULY
FT. WAINWRIGHT AK, United States
Closing: 24 July 2003 TBA - Contract: LBQ035018
17. FORKLIFT 1000KG
Muscat, Oman
Closing: 30 July 2003 TBA - Contract: SAC/IHY-2003/188 c
 

  

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