A new major global forklift company has been developed with the merging of two of the world’s largest forklift manufacturers.
UniCarriers Corporation, headquartered in Tokyo, Japan, completed the transfer of all issued shares of TCM Corporation from Hitachi Construction Machinery Co. Ltd and all issued shares of Nissan Forklift Co. Ltd from Nissan Motor Co. Ltd, positioning the company to create a world-class platform for forklift innovation and growth.
The merger will provide a great boost for forklift customers in Australia, according to a leading local distributor.
The combining of these two companies creates a manufacturer that will be ranked, according to revenue, as the world’s fourth largest forklift company with sales of around US$2billion and over 5,000 employees.
Unicarriers’ mission is to become the world’s largest forklift company.
Nino Pala, Chief Executive Officer of local Nissan Forklift distributor, Powerlift Material Handling says their Australian customers should be excited by the move.
“The economies of scale that will be achieved by combining TCM’s and Nissan Forklifts R&D, manufacturing and distribution alone will ensure we can provide the market with the most effective forklift products at the right price.
“With Nissan’s strength in engine forklifts and warehouse equipment, combined with TCM’s expertise in all sizes of engine forklifts, particular with large capacity units such as container handlers, the combined product ranges create arguably the most extensive range of forklifts available,” Nino says.
So, what does it mean for Australian forklift users?
- A broader and deeper range of products to meet all business needs
- The right product for the right application at the right price
- A commitment to innovation, ensuring cutting edge next-generation material handling solutions
- Access to greater support and resources worldwide
- A financially strong partner with a long-term strategy for growth
- Exclusive focus on the forklift market
Powerlift Material Handling has been the Nissan Forklift distributor in Australia for over 25 years. Through its Powerlift HC and Nissan Forklift ranges, it offers a forklift for every application. Powerlift has branches in every state and 14 authorised dealers supporting its regional customers.
Powerlift Material Handling
Ph: 1300 550 607