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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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