this newsletter to an associate
|Forkliftaction.com's media release packages give companies the opportunity to take advantage of Forkliftaction.com's worldwide reach to maximise the exposure of their company announcements and important news. |
With very low marketing rates, and very high response rates, Forkliftaction.com's media releases are the most cost-effective way to spread your news to the materials handling industry worldwide. For more information, or a copy of our marketing rates, contact firstname.lastname@example.org.
“A mostly French show”
Exhibitors at Manutention 2006 say the handling equipment tradeshow was a success but many maintain it was a “mostly French show”.
For Hyundai Heavy Industries Europe, the tradeshow was significant as the company announced a name change for its forklifts.
“The previous type designations – HBF, HDF or HLF for the electric, diesel or gas forklifts – are being replaced with the general term Folex, which stands for ’Forklift Excellent’,” Hyundai said in a statement.
Hyundai marketing engineer Jan Coemans said Manutention remained a French exhibition.
“Of course there is some international interest but you can’t compare it with what CeMAT means to the international forklift world. Probably the international interest for Manutention would be a lot higher if it didn’t follow CeMAT so fast.
“But if you want to be seen in the French logistics market, Manutention, without a doubt, is the place to be,” Coemans said.
Hyundai unveiled its Folex 25BH-7 forklift with high-voltage battery drive at the show.
For Doosan Infracore, European sales & marketing manager Daniel Vanhemelrijck, said the show was an important event for the company to boost brand recognition of Doosan, following Doosan group’s purchase of a controlling stake in Daewoo Heavy Industries and Machinery in 2005 (Forkliftaction.com News #210
“We wanted to show our company’s name change in one of the biggest markets in Europe. Visitor response was surprisingly good, despite our new name. From next year we will apply the Doosan name as a single brand on all our trucks,” Vanhemelrijck said.
He said the absence of Doosan Infracore’s competitors, Jungheinrich, Mitsubishi, Nissan, Komatsu and TCM, initially made him think the show was less important than previous shows.
Click here to read the full story
Forkliftaction.com News will publish an exclusive interview with Hyundai Heavy Industries Europe marketing manager Michel de Weert next week.
Manitou denies Irisman's claims
French rough-terrain forklift specialist Manitou has rejected a series of claims against it of unfair business dealings.
Last September, Manitou BF acquired an 85 per cent majority shareholding in Hangzhou Irisman Material Handling Equipment Corp, leaving founder Cooper Lin with 15 per cent share.
Manitou said in a statement at the time that it would subscribe to two capital increases to increase capital and subsequently Manitou would have a 90 per cent shareholding in Hangzhou Irisman.
Cooper Lin emailed Forkliftaction.com News this week and said he had been dismissed from his executive position at Hangzhou Irisman for breach of contract. However, he denied he had breached the contract. When contacted by phone, Lin, a Taiwanese national, put Forkliftaction.com News on the phone to Hangzhou Irisman vice president Helen Hwang to communicate his claims on his behalf.
Hwang said Manitou tried to increase its registered capital without giving notice to Lin. Manitou BF had said in the statement that once it had a 90 per cent shareholding in Hangzhou Irisman, the company would be renamed Manitou Hangzhou Material Handling Co Ltd.
Huang said: “The Hangzhou Irisman board consists of three Manitou directors and Cooper Lin. The Manitou directors tried to submit modified documents to the Chinese government authority to change the name of Hangzhou Irisman and increase its registered capital without informing Lin.
“Manitou also unfairly dismissed Lin from his position, with no compensation, despite signing a two-year agreement with him,” she said.
Manitou executive vice president Bruno Fille said in a statement:
“Following problems which have occurred with Cooper Lin since his appointment as managing director of the Irisman company on December 2, 2005, the Irisman board of directors has been forced to terminate his duties as managing director on February 13, 2006, for reasons of internal problems.
“This change in management of the company has temporarily suspended the procedures required for the company name change and for the increase in capital which would allow Manitou to increase its share from 85 per cent to 90 per cent.
“Considering the behaviour of its former manager since that date and the attempts which have been made to disturb the normal operation of the business, the board of directors decided on March 10, 2006, to suspend production for several days to implement measures necessary for the preservation of rights,” Fille said.
Huang said Lin founded Irisman Material Handling Equipment Corp in Taiwan in 1987, before moving the company’s factory to China and collaborating with Chinese partners Hangzhou Jing Wei Investment Co Ltd Zhejiang and Jieshun Automobile Bodywork Mould Co Ltd on Hangzhou Irisman in 2003.
Manitou BF bought shares from Lin’s Chinese partners and said Hangzhou Irisman’s range of industrial IC masted forklifts, with lifting capacities from 1.5 tonnes to 3.5 tonnes, would complement Manitou’s range of high tonnage industrial trucks.
Manitou has dismissed all Huang’s claims against Manitou as “false allegations”, saying the only purpose was to harm Manitou’s image and good reputation.
- Manitou fired a team of technicians that had been working at Hanzghou Irisman for two years. She claimed the technicians had wages owing.
- Manitou’s purported claim that one of the Taiwanese technicians stole drawings and parts is “ridiculous”.
- Manitou wants to buy Lin’s shares at a big discount off the book value, the same way it allegedly purchased the Chinese partners’ shares. Manitou allegedly received a big discount and paid around RMB7.5 million (USD933,137).
- Manitou suspended production at Hangzhou Irisman from February 20.
- Manitou sought to increase its registered capital and change the name of Hangzhou Irisman Material Handling Equipment Corp to Manitou Hangzhou Material Handling Co Ltd without giving Cooper Lin notice and getting his signature of approval.
Lin met Manitou Group CEO Marcel Claude Braud on February 27 for talks at the Pudong Airport Ramada Hotel, Shanghai, but both parties’ issues remained unresolved, Huang said.
She said Lin was willing to talk to Manitou about selling his shares or buying Manitou’s shares in Hangzhou Irisman.
Irisman Material Handling Equipment Corp in Taiwan, which owns the Irisman brand is the R&D company for Irisman forklifts.
|Linde||R 16||1997||Germany||EUR 2980||Details|
|Raymond||OPC30TT||1999||United States||USD 10933||Details|
|Crown||35RCTT||1988||United States||USD 8500||Details|
|Toyota||5 FBRE 16||1989||Germany||EUR 400||Details|
|OM Pimespo||Fase25||2000||Germany||EUR 3300||Details|
|Yale||GDP 25 TF||1998||Germany||EUR 8950||Details|
|Linde||H 45 T -600||1996||Germany||EUR 10500||Details|
|Raymond||C50TT||1998||United States||USD 11746||Details|
|Raymond||C35TT||2000||United States||USD 11344||Details|
|Hyster||N30XMR||1998||New Zealand||NZD 22000||Details|
|Still||FM 14||1998||Germany||EUR 3650||Details|
and thousands more...Click here
to include your used forklifts, stackers, telehandlers, container handlers, attachments etc.
Terex: Customers healthier than before
WESTPORT, CT, United Statesby US correspondent Roger Renstrom
Telehandler manufacturer Terex Corp has reported “stunning” 2005 results and promising near-term prospects for its aerial work platforms business segment.
The segment exceeded expectations for operating profit by USD15 million in the fourth quarter ended December 31. The segment’s 2005 sales increased more than 56 per cent, “continuing to reflect the sharp increase” in rental market demand, the company said in a news release.
The segment’s backlog at year end was USD482 million, more than three times the backlog at the end of 2004.
Terex chairman Ronald DeFeo, speaking about the overall aerial platforms market, said “customers are healthier than they have ever been, and our product offering is better than ever”.
During 2006, “this segment has an outside chance of hitting more than USD1.8 billion of revenue with a strong operating margin. The backlog . . . is no longer the primary measure of this business. That [backlog] is frankly just too large. We need to bring the backlog down by building at greater production rates.”
DeFeo said Terex introduced new models at the American Rental Association show, from February 6 to February 9 in Orlando, Florida. “Customers are pleased with our service and support initiatives,” he said.
With its additional capacity and talent, “Genie’s performance is going to continue to be strong”, DeFeo said. Terex acquired Genie Holdings Inc in September 2002 for USD75 million and combined Genie and Terex product lines into the segment.
Robert Wilkerson, segment president, said: “Supply is coming more in line with demand,” with seasonality creating a strong backlog. “We had strong, effective price increases from January 1. Overall, it should be a strong year.”
On March 9, Westport-based Terex updated financial analysts on the corporation’s earnings and 2006 expectations, but delays continue in filing the firm’s audited financial statements. The update indicated Terex had record 2005 revenues of USD6.4 billion.
Terex plans to file its 2005 quarterly and annual statements about “four to six weeks” beyond the usual deadline of March 16, the company said in a news release. Terex filed its restated 2004 statements with the US Securities & Exchange Commission on February 17 (Forkliftaction.com News #250
Forklift refurbishments in Dresden
Jungheinrich AG is establishing a company to refurbish the group’s used forklifts.
In a statement announcing its 2005 financial results, the group said the Dresden plant, Jungheinrich’s sales & service base for the Dresden region in Leipzig, Germany, would be the central refurbishment location for used forklifts.
More than 50 people will work for the new company. Jungheinrich says it will provide details of its used forklift business at a Hamburg press conference on April 11.
The group reported consolidated sales of EUR1,645 million (USD1,978 million), up seven per cent from 2004’s EUR1,531 million (USD1,841 million).
Jungheinrich said the global market for industrial trucks expanded 6.4 per cent to 749,000 vehicles in 2005.
The group’s earnings before interest and tax (EBIT) jumped 22 per cent from EUR87.4 million (USD105.1 million) in 2004 to EUR106.9 million (USD128.5 million) in 2005. Net earnings increased from EUR49.3 million (USD59.3 million) in 2004 to EUR62.1 million (USD74.7 million) in 2005.
New centre for Manitou spare parts
Manitou BF is meeting its objective to double turnover by investing EUR23 million (USD27.6 million) to build a new spare parts distribution centre.
The Ancenis-headquartered group plans to start building the centre on a 13-hectare site close to the Ancenis motorway in April.
The centre will comprise two buildings, 22,000 square metres of warehouse space and a covered 5,500 square metre concourse. After 2010, the warehouse space could be extended by 6,000 square metres.
Manitou BF posted a turnover of EUR988.2 million (USD1.2 billion) for 2005. Spare parts activity turnover was EUR106.7 million (USD128.3 million). It aims to double turnover by 2014.
Briefs Thumbs up for Associated’s health plan
CAROL STREAM, IL, United States
Raymond forklift dealer Associated Material Handling Industries will offer its 325 employees a tax-advantaged health care option from July 1.
US treasury secretary John Snow praised Associated for offering the health care plan, paired with health savings accounts (HSAs), on a visit to Associated to promote HSAs.
“HSAs let consumers contribute funds that can be used tax-free to pay for qualified medical expenses,” Associated CEO Mike Romano said. “Unused money rolls over year after year and workers [can take] the account with them when they change jobs.”
US port stats now online
WASHINGTON, DC, United States
The US Census Bureau’s foreign trade division (FTD) has added statistics for more than 450 US ports to government website USA Trade Online.
Subscribers to www.usatradeonline.gov
can access data covering imports and exports by ports, detailed data, according to product, by country and values and shipping weights by mode of transport for no extra cost.
For more information, phone the FTD’s data dissemination branch on +1 301 763 2311 or email email@example.com
US army wants 670 forklifts
WARREN, MI, United States
The US army tank-automotive and armaments command (TACOM) wants to procure 670 all terrain lifter army system (ATLAS II) variable reach rough-terrain forklifts on a five-year contract.
The machines, to be equipped with telescopic booms, will load and unload ammunition, supplies and equipment onto and from different modes of transport. Visit http://contracting.tacom.army.mil/comveh/ATLASII/atlasII.htm
for more information.
Used Machine For Sale Make:
16,000 kgs (35,200 lbs)
Hydraulic fork positioner
Approx 4,320 original hours
Front 90% / Rear 80%
3 Speed Auto
Needs body work to left stair guard and right hand wheelguard, apart from that it is in good mechanical condition.
Aud- $86,000.00 (US- $63,000)
Ex site NSW Australia (plus taxes if applicable)
For further information please email Ian at: firstname.lastname@example.org
OR Phone: +61 7 3256 0666
Quad bike forklift for US farmers
NANCHANG CITY, China
To meet customer demand, Jiangxi Campell Co Ltd has designed a special forklift used mostly by North American farmers.
Jiangxi sales manager David Luo said his company had sold up to 1,000 quad bikes with forks attached, first introduced to the market in August 2005.
“Lots of customers gave us suggestions to create the forklift. We searched the internet and found lots of information before designing our forklift.”
The forklift has a 1,280mm wheelbase, an 18 litre fuel capacity and a load capacity of 2,500lbs (1,134kg) to 3,000lbs (1,361kg).
Nanchang City-based Jiangxi manufactures aviation parts, all-terrain vehicles, all-terrain vehicle accessories, dirt bikes and mini bikes. It is a branch of state-owned Hongdu Aviation Industrial Group, a Chinese military aircraft manufacturer.
Jiangxi, which only sells to overseas markets, names Scandinavia, North America and North Europe as its major customers. The quad bike forklifts were popular in northeast USA and west Canada, Luo said.
Ram spreaders for port automation initiative
Ram Spreaders will supply four single lift spreaders to Gottwald Port Technology (GPT) for a P&O port automation project.
The RAM2300 series spreaders will be used in the first phase of the project. GPT and P&O signed an agreement to supply automated stacking cranes with spreaders in 2005.
The cranes will operate in the new P&O Antwerp Gateway Terminal, at Deurganckdok, Belgium, by October 2006.
The Ram spreaders, slated for delivery in the second quarter of 2006, will be mounted onto GPT cranes for a system test procedure. If the test is successful, additional GPT cranes will be fitted with Ram spreaders.
Ram Spreaders’ executive director Robert Mills said:
“The system will allow P&O to operate its entire container storage area automatically and to seamlessly link ship-to-shore equipment at its terminals to storage areas, logistics systems and onward shipping facilities, including sea, road and rail.”
Send this newsletter to an associate
Investment in customer service helps Watts stay ahead Watts Tyre Services
has been the UK’s market leader in the supply and fit of wheel and tyre solutions to the materials handling market for over 40 years. To maintain its position in the market the company has made some significant developments in its systems and people over the last few years, and the investment is paying off. Watts
pioneered the on site mobile fitting concept and now have 80 mobile presses with 25 service centres throughout the UK. They are the only specialist national wheel and tyre service provider to the materials handling market.Click here for the full text of this release, including pictures.
MATEX 2006 gathers significant momentum
According to Exhibition Director this years MATEX
exhibition is set to be one of the most dynamic shows seen in recent times with numerous new product releases planned across the entire warehousing equipment spectrum. “We’re delighted with the manner in which the market has responded to our plans
,” said Tossman, “the Interactive Warehouse and the “hands on” Seminar Program has obviously hit the mark as far as most exhibitors are concerned and we are expecting a very strong presence from the forklift industry
.”Click here for the full text of this release, including pictures.
Explosion proof forklifts
Forklifts in the logging and timber industry
Industrial batteries and chargers
The forklift market in China
Forklift tyres, wheels and castors
The German forklift industry
Truck mounted forklifts
Engines and drive trains
The forklift market in Canada
End of year review