ForkliftNet.com Newsletter May 28,2008
Wednesday
[No.020]
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NEWS PICTURES OF THE WEEK    
  Investing 100 million Euros, Sany Group Plans to Establish a Plant in Germany
 

On May 18th, Sany Group¡¯s European Headquarter in Cologne, Germany was opened, and the company will invest 100 million Euros to establish a plant in Germany. This is the third area headquarter that Sany set overseas after in India and America.
Last year, Liang Wengen, the Chairman of the Board led superior management leaders of Sany to inspect the European market and conducted on-spot inspection in terms of the location of the plant in Europe. Investment Promotion Agency of North Rhine-Westphalia in Germany in charge of negotiating the investment of Sany had assisted the investment of Sany since from May in 2007.

[>>More<<]
  Shantui Self-finances RMB 80 Million Yuan to Construct New Company
 
Shantui recently announced that the company decided to self-finance capitals to construct Shantui Heavy Industry Technology Co., Ltd. (for temporary use) in Jining High & New Technology Development Zone in Shandong Province with registered capital of RMB 80 million Yuan. The company will invest RMB 80 million Yuan in cash up to 100% of the registered capital.
Shantui Heavy Industry Technology Co., Ltd. will mainly be engaged in research, development, manufacturing, sales, rent, repair and technology consultancy service of forklifts and hoisting conveying machinery (operated by license), small excavators and variety products. [>>More<<]
Zhejiang Goodsense Forklift Co., Ltd.
FORKLIFT NEWS
¡¡ Nissan to Put forward Lithium Ion Battery Forklift Next Year
Nissan Motor, NEC and NEC Tokin announced the production plan of motor lithium ion battery made by the joint-ventured enterprise Automotive Energy Supply (AESC). In the next three years, 12 billion Yen to build new production line in Nissan¡¯s workshops. It is planned till 2009, the output can meet the demands of 13,000 mixed power vehicles and electric automobiles (1600,000 as per the battery unit) and will be able to offer for 65,000 automobiles. [>>More<<]
¡¡ Seegrid Unveils GP8 Robotic Pallet Truck
CLEVELAND ¡ª Seegrid Corporation, one of the premier providers of vision-guided mobile robots for the material handling industry, announced the introduction of the GP8 industrial mobile robot for material handling applications. The GP8 (General Purpose Motorized Pallet Jack, 8000 lb. capacity) transports pallets to an assigned location, automatically positions them and returns to the original starting point (or another pre-assigned location) for more work. [>>More<<]
¡¡ STILL set up a foreign subsidiary - STILL MOTOSTIVUITOARE S.R.L. - Romania
Since the accession of Romania to the EU in 2007 the country at Europe¡¯s eastern border is considered an upcoming economic region mainly due to its development in the industrial sector. The interest in intralogistics has consequently been growing continuously for years. Reason enough for STILL, the leading supplier of intelligent management of intralogistics, to boost its engagement in Romania substantially. [>>More<<]
¡¡ Shandong Construction Machinery Market is about to Open
Shandong Construction Machinery Market, sponsored by Yellow River Shandong Bureau and operated by Shandong Huanghe Julong Construction Machinery Co., Ltd. is about to open. The market occupies an area of more than 130 Mu, including an operational area of 10,000 m2, offices of 3,000 m2, exhibition shed of 6,000 m2 and warehouse of 30,000 m2 with a large-scaled repair workshop. [>>More<<]
¡¡ Shantui Acquired Hubei Chutian to Enter Construction Machinery Industry
¡°As the main products in Shantui are bulldozers with limited market content not exceeding 6000-8000 sets even under favorable market situation, we hope to accomplish diversification of products.¡± One personnel from the Securities Department of Shantui¡ªthe leading giant among domestic bulldozer industry explained the reason why Shantui acquired Hubei Chutian Construction Machinery Co., Ltd. [>>More<<]
¡¡ Investing RMB 20 billion on Crane Truck, Sany Rebuilds a Second Sany
Sany Group is planning to invest RMB 20 billion Yuan to build a new production base of crane trucks in Hunan, shocking the whole industry. Liang Wengen, Chairman of the Board in Sany Group said: ¡°Sany will continue to increase the investment in Changsha so as to accomplish Group¡¯s sales income goal of 100 billion Yuan till 2012. Sany (Ningxiang Jinzhou) Industrial Park will become a strong power.¡± [>>More<<]
¡¡ Konecranes receives major repeat order for process cranes from Russia
Konecranes has in April 2008 received an order for 19 electric overhead traveling cranes from Russian steel mill OAO Vyksunskij Metallurgitseskij Zavod in the city of Vyksa, about 300 km east of Moscow. Deliveries will begin in the end of 2008, and will be completed by October 2009. The value of the order is not disclosed. [>>More<<]
¡¡ JLG Announces Enhanced Aftermarket Parts Service for Mexico and Latin America
McConnellsburg, PA, May 23, 2008 -- JLG Industries, Inc., an Oshkosh Corporation company [NYSE: OSK], announced today that it has established a new parts distributor for Mexico and a component rebuild program for Latin America.  [>>More<<]
Jungheinrich Lift Truck (Shanghai) Co., Ltd.
SPECIAL REPORT THIS WEEK
  Linde (China) EHS Travel Dongguan Stop Activities
 
2008 is the year in which world-attracted Olympics Games will be held in China, and it is also the 15th anniversary year for Linde (China)¡¯s establishment. As the modal enterprise in domestic logistics industry, Linde (China) will transmit the concept of EHS to make EHS¡ªEnvironment, Health and Safety concept go deep into our mind.
Linde (China) will hold ¡°Green Purchasing Seminar Series¡± and mutual activities in many large and medium-sized cities in China from May to November. The company will travel through more than 20 cities including Beijing, Shanghai, Xiamen, Suzhou, Guangzhou and so on to popularize EHS and green purchasing concept. This activity covers broadly and is another achievement after 2007 Linde Cup China Tour. On May 24th, after Suzhou Stop Activity, Linde (China) EHS Travel moved to its second stop¡ªDongguan to continue its course and hold the activity in Dongguan Hongyuan Hotel, which underwent in two parts including Green Purchasing Seminar Series and funny games.[>>More<<]
FORKLFTS RECOMMENDED  
FORKLIFT COMPANY THIS WEEK
¡¡¡¡Hangzhou Good Friend Precision Machinery Co., Ltd.
Hangzhou Good Friend Precision Machinery Co., Ltd. has bought about 70 hectares land in Xiaoshan and Hangzhou respectively in 2003 and 2004, with the total investment over 100million dollars, in order to build a new Fair Friend Technique district, and then transfer all the departments and their related factories there to make it the world¡¯s producing and goods-circulating centre, and then to supply larger-number and more excellent products and service. Hangzhou Good Friend Precision Machinery Co., Ltd. had gone on the market in Hong Kong on Jan 11th, 2006. (Stock Name: Good Friend International Holding; Stock Number: 2398) Then, Feeler forklift has become the second domestic brand having been going on the market, only behind Heli Stock.
Dalian Forklift Co.,Ltd.
FORKLFT PARTS RECOMMENDED
 
FORKLIFT PART COMPANY THIS WEEK
¡¡¡¡Shanghai BE Battery Co., Ltd.
Shanghai BE Battery Co., Ltd. is specialized at producing battery. It is the general agent of German BAE Company (founded in 1899) and Korean Global & Yuasa Battery Co., Ltd. (founded in 1952). Its tractor batteries are broadly used in electric forklifts, golf cars, power station, railway, and solar system.
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