By Tom Andel, Contributing editor
June 28, 2010

Lift trucks: Why buying may overtake leasing


Once again Heli Forklifts have moved up in Modern Material Handling Magazines Global ranking of forklift manufacturers for the 4th year in a row.

For 2009 Heli gained another position moving from the 9th to the 8th largest manufacturer of forklifts in the world. This year's move caps a 4 year run which has moved Heli from the 23rd largest supplier well into a top 10 position. Based on 2010 year to date activity we anticipate the Heli will continue to move up the ranking in 2010 and beyond.

World's top 20 industrial lift truck suppliers

Rank

Company

2008rank

2009 revenue*

North Americanbrands

Worldheadquarters

1

Toyota Industries Corp.

1

$4.6 billion

Toyota, Raymond

Aichi, Japan

2

Kion Group

2

$4.1 billion

Linde, Still, OM, Baoli

Wiesbaden, Germany

3

Jungheinrich Lift Truck Corp.

3

$2.3 billion

Jungheinrich

Hamburg, Germany

4

Crown Equipment Corp.

5

$1.6 billion

Crown, Hamech

New Bremen, Ohio

5

NACCO Industries

4

$1.5 billion

Hyster, Yale

Cleveland, Ohio

6

Mitsubishi Caterpillar Forklift

6

$920 million

Mitsubishi, CAT

Sagamihara, Japan

7

Komatsu Utility Co.

8

$750 million

Komatsu, Tusk

Tokyo, Japan

8

Anhui Forklift Group

9

$668 million

Heli

Hefei, Anhui,China

9

Nissan Forklift Corp.

7

$624 million

Nissan, Barrett, Atlet

Tokyo, Japan

10

TCM Corp.

10

$593 million

TCM

Tokyo, Japan

11

Nippon Yusoki Co.

11

$559 million

Not available in North America

Kyoto, Japan

12

Doosan Infracore

15

$418 million

Doosan Infracore

Seoul, South Korea

13

Clark Material Handling

12

$405 million

Clark

Seoul, South Korea

14

Manitou

13

$296 million**

Manitou

Ancenis, France

15

Zhejiang Hangcha Engineering Machinery Co.

14

$251 million**

HC

Hangzhou, China

16

Hyundai Heavy Industries

16

$237 million

Hyundai

Ulsan, South Korea

17

Tailift

18

$100 million**

Tailift, World-Lift

Taichung, Taiwan

18

Combilift

19

$98 million

Combilift

Monaghan, Ireland

19

Hytsu

N/A

$86 million

Hytsu

Shanghai, China

20

Hubtex

20

$60 million

Hubtex

Fulda, Germany

*Fiscal year 2009 worldwide sales revenue. **Figure based on industry estimate. Figures based on foreign exchange rates as of 12/31/09.



 
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