2. THE KION GROUP
The KION Group, based in Frankfurt, Germany, is madeup of several lift truck brands, including Linde, Still, Baoli,Fenwick and OM Voltas, as well as a Supply Chain Solutionssegment under the Dematic brand. KION’s Industrial Trucks& Services segment had revenues of $6.96 billion in 2020.That represents a drop of 11% from the previous year.
3. THE JUNGHEINRICH GROUP
The Jungheinrich Group, based in Hamburg, Germany, hadrevenues of $4.65 billion for fiscal year 2020. That representsa 6.5% decrease from the previous year.
4. CROWN EQUIPMENT
Crown Equipment Corp., a privately-held company basedin New Bremen, Ohio, had revenues of $3.6 billion in 2020,which represents an increase of 6.9% over 2019 revenues.
5. MITSUBISHI LOGISNEXT
Mitsubishi Logisnext Co. Ltd. is best known in the Unit-
6. HYSTER-YALE MATERIALS
ed States for its UniCarriers and Mitsubishi Caterpillar lines
of forklifts. The Tokyo, Japan-based company, which was
formed by the integration of Mitsubishi Nichiyu Forklift Co.
Ltd. with its subsidiary UniCarriers Corp., has been consol-
idating and rebranding its various subsidiaries for the past
several years, and earlier this year the company opted for its
U.S. entities to be rebranded as Mitsubishi Logisnext Ameri-
cas, with the former UniCarriers group remaining in Maren-
go, Ill., and the Caterpillar group remaining in Houston, Tex.
Mitsubishi Logisnext had revenues in 2020 of $3.55 billion.
Hyster-Yale Materials Handling Inc., based in Cleveland,Ohio, the parent company of the Hyster and Yale brands oflift trucks, had consolidated revenues of $2.8 billion for fiscalyear 2020, a decline of 15% from FY 2019.
7. ANHUI HELI
Anhui Heli Co. Ltd., based in Hefei, China, had revenuesof $1.94 billion in 2020 (according to The Wall Street Journal), up $500 million from the $1.44 billion reported in 2019.
8. HANGCHA GROUP
Hangcha Group, based in Hangzhou, China, had revenuesof $1.74 billion, a significant increase from the $1.28 billionreported in 2019 (according to The Wall Street Journal).
Komatsu Ltd., based in Tokyo, Japan, had revenues of$17.9 billion for its construction, mining and utility equipment division, which includes forklifts, which represents adrop of 10% from the previous year. According to Statista,Komatsu’s forklift business accounts for roughly 6% of salesfor the division, which would put Komatsu’s forklift businessat roughly $1.07 billion.
10. CLARK MATERIAL HANDLING
Clark Material Handling, based in Lexington, Ky., has beena supplier of forklifts for over 100 years. Privately-held, thecompany’s annual revenues in 2020 were $705 million, downfrom the $783 million reported for 2019. MH&L
Still RX 60-35/50 electric forklift.
JungheinrichDFG 316s-320sdiesel forklift.
MitsubishiLogisnext Cat2C7000-2C8000series IC cushiontire lift trucks.
060VGL seriescushion tire lifttruck.
Heli G Series 2-3.5tlithium-ionforklift.
Hangcha XFseries IC counterbalanced forklift.
C- 40 SeriesIC-pneumaticforklift.
KomatsuBBX50 Serieselectric rider.