Forklifts in the News – December 2013

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linde forklift assembly line

  • KION Group sees Chinese market as key to becoming the world’s largest forklift manufacturer.  KION, based in Germany, employs 21,000 people worldwide and manufactures 6 forklift brands.  KION’s most popular brand in North America is Linde. Read Full Article.
  • Manitex International, Inc. (Nasdaq: MNTX), a leading provider of engineered lifting solutions including rough terrain forklifts and container handling equipment announced that it has completed the acquisition of Valla, SpA, of Piacenza, Italy. The acquisition closed on November 30, 2013, for a total potential consideration of up to $1.2 million. Valla offers a full range of mobile cranes from 2 to 90 tons, using electric, diesel, and hybrid power options. Read Full Article.
  • Toyota Material Handling U.S.A. Inc. (TMHU), the sales and distribution arm for Toyota lift trucks, and Toyota Industrial Equipment Manufacturing (TIEM) opened its expanded North American headquarters at TIEM’s plant in Columbus, Ind. The plant manufactures more than 80 percent of the Toyota lift trucks sold in North America. Read Full Article.