KION Group invests significantly in its medium- and long-term growth

• New factory in China and acquisition of software company DAI • 2020 to be a year of strategic investment in the two segments • Targets in the outlook for 2019 fully achieved and, in some cases, significantly exceeded • Order intake went up by 5.3 percent to a record €9.11 billion • Revenue jumped by 10.1 percent to €8.81 billion • Adjusted … [Read more...]

Toyota Industries North America Formally Acquires Hoist

COLUMBUS, Ind.  – The assets of Hoist Liftruck Mfg., LLC, have been acquired by Toyota Industries North America, Inc., effective April 1, 2019. The name of the new company is Hoist Material Handling, Inc., and it will be managed directly by Toyota Material Handling USA in Columbus, IN. The acquisition adds to Toyota’s already robust forklift … [Read more...]

LT Mobile Computers Bridges the Technology Integration Gap with Industry Leading Deployment Services Capability

  Phoenix, Arizona, USA, April 9th, 2018 - JLT Mobile Computers Inc., a leading developer and manufacturer of reliable computers for demanding environments, is launching its new JLT Technology Services™ suite at supply chain and logistics show MODEX in Atlanta today. Including site surveys; installation and deployment services; hardware and … [Read more...]

Forklift rental? Choosing the best forklift financing option

Is forklift rental, lease or purchase right for you? Forklifts and other materials handling equipment can be purchased with a number of repayment options, rented on a short-term basis from 90 days to 12 months, leased over several years, or purchased through your dealer, according to Alex Teager, Yale Financial Services Manager. The … [Read more...]

KION Group publishes preliminary results for the first nine months of 2017 and slightly adjusts outlook

Value of order intake in the first nine months is EUR5.699 billion; revenue is EUR5.675 billion Group achieves adjusted EBIT of EUR561.8 million; adjusted EBIT margin is 9.9 percent Outlook for Group slightly lowered Reasons are customers' hesitation to invest and delays in project decisions by customers in the Supply Chain Solutions … [Read more...]