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ShredderAdDVC121311.indd 1 12/13/11 1:38PM
Mitsubishi Heavy Industries Ltd. (MHI) and Mitsubishi Nichiyu Forklift
Co. Ltd. have acquired forklift manufacturer UniCarriers Corp. for an
undisclosed sum. The transaction, which as of press time had not been
approved by Japanese authorities, would give MHI and Mitsubishi Nichiyu
Forklift stakes in UniCarriers of 65 percent and 35 percent, respectively.
Mitsubishi Nichiyu Forklift is the parent company of Mitsubishi Forklift
America Corp. (MCFA). How the acquisition would affect MCFA’s business is unclear; details of the merger plans will be disclosed as soon as they
become available, the acquiring companies said. However, it could potentially create a more formidable global competitor for fellow Japanese lift-truck maker Toyota, which says its lift trucks are the best selling worldwide.
UniCarriers owns Marengo, Ill.-based UniCarriers Americas Corp.
(UCA), which has dealerships throughout North, Central, and South
America. UCA sells and supports Nissan Forklift, TCM, Atlet, Barrett, and
UniCarriers brand material handling equipment.
According to a statement announcing the deal, the acquisition is in line
with MHI’s new three-year business plan and Mitsubishi Nichiyu Forklift’s
medium-term business plan, as both units seek to expand aggressively
within global markets. The forklift industry is experiencing “intensifying
global competition,” and greater scale is becoming increasingly important
for ensuring profitability, the companies said in the press release.
Mitsubishi Heavy Industries, Mitsubishi
Nichiyu Forklift to acquire UniCarriers
alliances
The industry association APICS has
completed its merger with the
American Society of Transportation
and Logistics (AST&L). …
Core-Mark, a company that distributes
fresh, frozen, and chilled foods to
convenience stores, celebrated the
grand opening of a new Gain Clean
Fuel compressed natural gas (CNG)
station in Smyrna, Ga., which will
fuel its fleet of alternative energy
trucks. … Asendia USA, a provider of international mail and parcel
services, has formed a partnership
with SellerCloud, an e-commerce
software company dedicated to
helping online retailers meet the
challenges of multichannel selling.
… OHL, a global third-party logistics service provider, has expanded
its relationship with Performance
Sports Group Ltd. and has begun
fulfillment operations for its subsidiary Bauer Hockey, a manufacturer of
hockey equipment. … Buffalo Trace
Distillery has completed the construction of a new DC featuring Westfalia
Technologies’ automated storage
and retrieval system. … Agricola
San Clemente, a producer of fresh
fruit and juices, recently upgraded
its production facility in Renaico,
Chile, with an Interroll Portec Belt
Curve conveyor. … Container shipping company Maersk Line has a
new weekly service through the
Jacksonville Port Authority’s Blount
Island Marine Terminal in Northeast
Florida. … Noble Foods, a supplier of
eggs to the U.K.’s major retailers, has
selected Paragon Software Systems’
Integrated Fleets planning solution
as the strategic modeling tool for its
distribution operation, which delivers 72 million eggs every week. …
The Port of Liverpool is now live
and fully operational on the N4 terminal operating system from Navis.
… Forklift distributor ColoradoLift
recently rebuilt its website with the
assistance of its top manufacturer,
Stärke Material Handling Group.
