Chinaforklift.com (www.chinaforklift.com, English version: www.forkliftnet.com ) was informed that Investment Environment Promotion Meeting of Zhejiang Fuyang Economic Development Zone and Signature Ceremony of Eight Projects was held recently. The eight-projects with total investment of RMB 3.8 billion Yuan and annual production value of RMB 12 billion Yuan signed to settle in Fuyang Economic Development Zone in Zhejiang Province, China.

Among them, the investment subject of foreign-funded forklift project is Irish Combilift Co., Ltd. The company invested 25 million dollars to manufacture 2.5T 4-directional forklifts with evaluated annual production value of RMB 500 million Yuan.

Currently, there are two civil-owned forklift manufacturers—Zhejiang Maximal Forklift Co., Ltd. and Hangzhou Zheli Forklift (Group) Co., Ltd. settled in Fuyang (belonging to Hangzhou).

About Combilift

Located in Monaghan, Ireland, the Combilift Company was formed in 1998 by highly qualified engineers Martin McVicar and Robert Moffett. With a combined engineering experience of over 40 years, they used their knowledge and practical experience to create the ultimate long-load material handling solution.

In just ten years Combilift has grown to be the global leader in the long-load handling market. Combilift products can be found in over 50 markets worldwide and has over 9,000 units in operation. This growth is supported by our international network of distributors that support our range in our expanding markets.