Toyota Industries Corporation leads this year’s the list of global forklift suppliers again, but Chinese competitors not far behind
By Anna Game-Lopata | February 10, 2012
German material handling magazine DHF Intralogistik has named Toyota Industries Corporation (TICO) the global number one in material handling equipment for 2010-11.
In the last financial year, TICO, parent company of Toyota Material Handling Australia (TMHA) sold more than 153,000 units in its materials handling division.
That equates to a growth rate of 38 percent compared to the previous year.
DHF Intralogistik named TICO the sector leader in its world ranking list 2010-11 based on sale of materials, which amounted to
4.172 billion Euros (approximately $A5 billion).
TICO was the only supplier on the list to cross the four billion Euro threshold, once again establishing itself as the worldwide market leader and further increasing its lead over second-in-line Kion Group, which owns the Linde brand.
Companies must generate a turnover of at least 10 million Euros during the reporting year to be eligible for inclusion in DHF Intralogistik’s ranked list.
Given the criteria, it is interesting to note the list has expanded by one company this year, from 36 companies in 2010-11 to 37, reflecting a definite upturn in market conditions.
At the top, Kion with an increase in net sales of 14.6 percent to 3.534 billion Euros, and Jungheinrich with sales of 304 million Euros retain their places as second and third respectively.
Nacco Corporation reported sales of US
$2.7 billion and profits of $32.4 million, pulling ahead of Crown’s sales figure of US $1.8 billion to take fourth place; a significant achievement given the numbers involved.
Chinese companies continue their march to the top.
Sales of
576 million Euros allowed Anhui Heli to jump to 11th place from 14th last year representing a steady rise from 16th position in 2008-9.
With a 76 percent increase in sales to 806 million Euros, Hangcha
shot up
to 12th place from 16th last year.
The two Chinese leaders pushed veteran competitors down the list including Nichiyu, Clark, TCM and Doosan.
At 19th position, Chinese relative newcomer Dalian displaced Tailift, which was the only Chinese company to lose ground making
just 123 million Euros compared with 156 million last year.
Tailift at 22, still managed to outshine Irish company Combilift which fell from 21st position to 23rd this year.
Meanwhile EP, another Chinese name currently making its mark in Australia, hurdled two spots from 22 last year to 20 with sales of 95 million Euros.
Italian side loader specialist Bauman appears on the list for the first time since 2003-2004, making 32nd place to push Dutch and German rivals DanTruck-Heden, Sichelschmidt, Magaziner, Miag and Dambach to the bottom of the list.
Two place getters from last year slipped off the list completely; Nuova Detas from Italy and AUSA from Spain.