Latest news with #materialhandling
Globe and Mail
6 days ago
- Automotive
- Globe and Mail
Meenyon Unveils Comprehensive Forklift Portfolio, Featuring the Diesel Hercules Series and Next-Generation Electric Models
Meenyon, a global pioneer in industrial vehicles and intelligent handling solutions, today announced a major expansion of its forklift portfolio, unveiling a powerful diesel lineup alongside its acclaimed electric forklift series. This strategic update further cements Meenyon's reputation as a premier supplier of clean, intelligent, and high-performance equipment for warehouses, ports, factories, and logistics centers across the globe. Since its founding in 2003, Meenyon has pursued one mission: to lead the material-handling sector with products that seamlessly blend productivity, safety, and sustainability. The company's latest offerings include the new Diesel Forklift Truck CPC/Q(D)20-35T3, a rugged internal combustion powerhouse designed to tackle the heaviest loads with exceptional efficiency, alongside its continually evolving line of zero-emission electric vehicles. Introducing the Hercules: CPC/Q(D)20-35T3 Diesel Forklift Truck – Strength Redefined Built to exceed expectations, the CPC(D)30T3 and CPC(D)35T3 models in the Diesel Forklift Truck CPC/Q(D)20-35T3 series provide unmatched load handling and versatility. With rated loads of 3.0 and 3.5 tons and maximum loads reaching 4.0 tons, these forklifts deliver the power and durability required in industrial operations, without compromising on operator comfort or safety. Key Product Highlights: Wide-view mast with cargo drop buffer for enhanced visibility Small-diameter steering wheel with adjustable angle for ergonomic operation Fore-and-aft adjustable seats for personalized comfort Xinchai high-torque diesel engine meeting national emission standards Mechanical gear shift with electronic hydraulic shift for seamless control Heat-insulated hood with sound-absorbing materials to minimize noise and vibration Integrated safety features, including a solid-state instrument panel and overhead guard 'Meenyon's Hercules forklifts exceeded our expectations in load capacity. We look forward to a long-term collaboration,' noted a recent client from the automotive inspection industry who placed an immediate order after a successful on-site demo. Technical Excellence: Engine Models: 4D27G31 (30T3), 4D30G31 (35T3) Rated Power: 36.8 kW @ 2500 rpm Rated Torque: Up to 174 Nm Fuel Tank Capacity: 70 L Travel Speed: 20 km/h Lift Speed: 500/480 mm/s (no load/full load) Gradeability: 20% Turning Radius: 2620 mm Fork Dimensions: 1070 × 125 × 45/50 mm From enhanced mast options to field-tested traction and torque, the Hercules diesel series is built for reliability, performance, and cost-effectiveness in heavy-duty operations. Continued Innovation: Meenyon's Expanding Electric Forklift Line At the heart of Meenyon's zero-emission offering is the Electric Warehouse Reach Truck CQD16/20RV(F)2, purpose-built for high-racking operations up to 12 meters. This flagship model boasts: Ergonomic cockpit and unobstructed forward visibility High-load stability from an optimized mast design 500 Ah battery with 65 A fast charger for multi-shift capability Integrated side-shift system for rapid pallet positioning Supporting operations in narrow aisles and smaller environments, models like the EST122 Pedestrian Stacker, ESR151 Ride-On Stacker, ES16-RS, and ES12-16WA deliver adaptability, safety, and high throughput in compact formats. These units feature advanced safety profiles, spring-assist steering, onboard chargers, and AC-powered systems, all designed to meet the rigorous demands of today's fast-moving logistics centers. 'Electric forklifts are now the performance benchmark for modern logistics,' a Meenyon spokesperson stated. 'With our newest designs, customers no longer have to choose between power and sustainability, they can have both.' Engineering Excellence Meets Global Reach Meenyon's forklifts, whether diesel or electric, are manufactured to the highest standards, certified to SGS IATF 16949:2016 and compliant with CE, ANSI, and UL regulations. Every unit undergoes a multi-stage safety and performance test at Meenyon's in-house lab before being shipped, ensuring out-of-the-box reliability. With over 700,000 electric pallet trucks sold and a distribution network spanning more than 30 countries, Meenyon is a recognized name in both emerging and established markets. The company is also a key contributor to China's national industrial-vehicle standards and continues to push the envelope with ongoing R&D in automation, telematics, and hydrogen fuel-cell propulsion. Real Results, Real Partnerships A recent visit by an international client in the automotive inspection sector resulted in a confirmed order for two 4-ton diesel forklifts after witnessing the 3.5-ton Hercules model successfully handle 4-ton loads, proving itself a cost-effective alternative to heavier equipment. Shipment is expected within 40 days, and future resale partnerships are already under discussion. Explore the Meenyon Advantage Businesses seeking to upgrade their fleets with reliable, efficient, and environmentally conscious equipment are encouraged to explore Meenyon's comprehensive lineup. From diesel-powered heavy-lifters to whisper-quiet electric reach trucks, Meenyon offers the right solution for every industrial need. About Meenyon Founded in 2003, Meenyon is a leading designer and manufacturer of electric forklifts, pallet trucks, stackers, and intelligent handling robots. Headquartered in Shanghai and certified to SGS IATF 16949:2016, the company supplies OEM components to international automotive brands and partners with European and Asian forklift makers. With continuous investment in battery and hydrogen technologies, Meenyon is shaping the future of sustainable material handling. To learn more visit: For the latest updates, follow Meenyon on Social media. Media Contact Company Name: Meenyon (Jiaxing Meenyon Green Energy Technology Co., Ltd.) Contact Person: Xia Zaochun Email: Send Email City: Jiaxing City State: Zhejiang Province Country: China Website:
Yahoo
17-07-2025
- Business
- Yahoo
Columbus McKinnon to Host First Quarter Fiscal 2026 Earnings Conference Call on July 30, 2025
CHARLOTTE, N.C., July 17, 2025 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, will release its first quarter fiscal 2026 results before the market opens on Wednesday, July 30, 2025. Following the release, management will host a conference call at 10:00 a.m. Eastern Time to review the financial and operating results for the period and discuss its corporate strategy and outlook. The conference call will be available via live webcast on Columbus McKinnon's Investor Relations webpage, A replay of the call will be available approximately two hours after the conference call, until Wednesday, August 13, 2025, on the Company's Investor Relations page. About Columbus McKinnon Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of intelligent motion solutions that move the world forward and improve lives by efficiently and ergonomically moving, lifting, positioning, and securing materials. Key products include hoists, crane components, precision conveyor systems, rigging tools, light rail workstations, and digital power and motion control systems. The Company is focused on commercial and industrial applications that require the safety and quality provided by its superior design and engineering know-how. Comprehensive information on Columbus McKinnon is available at Contacts: Kristine Moser Vice President, Investor Relations and Treasurer704-322-2488 View original content to download multimedia: SOURCE Columbus McKinnon Corporation
Yahoo
02-07-2025
- Business
- Yahoo
Emerging Markets Drive Reach Stacker Demand Through Port Infrastructure Expansion
The reach stacker market, valued at USD 3.2 billion in 2025, is projected to grow at a CAGR of 6.9% to USD 5.9 billion by 2034. Key growth drivers include rising global trade, port expansions, and increased adoption of electric and automated models. Challenges persist in high costs and environmental concerns. Reach Stacker Market Dublin, July 02, 2025 (GLOBE NEWSWIRE) -- The "Reach Stacker Market Outlook 2025-2034" report has been added to Stacker Market is valued at USD 3.2 billion in 2025. Further the market is expected to grow by a CAGR of 6.9% to reach global sales of USD 5.9 billion in 2034 The reach stacker market is an integral part of the material handling and logistics sector, with these machines playing a crucial role in the efficient handling of heavy cargo and containers, particularly in ports, warehouses, and distribution centers. A reach stacker is a highly versatile forklift capable of lifting, stacking, and transporting containers over long distances, making it a valuable tool in container terminals and freight yards. The market for reach stackers has seen steady growth, driven by the increasing global trade volume and the expansion of port infrastructure, especially in developing machines are highly preferred for their flexibility, as they can handle a variety of container types and are suitable for both stacking and horizontal transportation. In addition to their application in port logistics, reach stackers are also used in industries such as construction, automotive, and manufacturing, where there is a need for heavy-duty lifting high operational costs, including maintenance and fuel consumption, along with the environmental impact of diesel-powered reach stackers, remain significant concerns that could impact market growth. As the demand for faster and more efficient material handling solutions increases, the reach stacker market is poised to continue evolving with technological innovations aimed at improving efficiency and 2024, the reach stacker market saw notable advancements as manufacturers focused on increasing the efficiency, versatility, and sustainability of these machines. One of the significant developments was the increased adoption of electric-powered reach stackers, driven by growing environmental concerns and the need to comply with stricter emissions regulations. Electric reach stackers offer several advantages over traditional diesel-powered models, including lower operating costs, reduced carbon emissions, and quieter operation, making them particularly appealing to companies aiming to reduce their environmental advancements in automation and telematics technology became more prevalent in the market, allowing for improved fleet management, real-time monitoring, and predictive maintenance, which can help reduce downtime and operational costs. The expansion of port and terminal infrastructure in emerging markets also contributed to the market's growth, as many countries invested in modernizing their logistics infrastructure to support increasing trade the growing trend of containerization in global trade contributed to the demand for reach stackers, as ports and terminals needed more efficient ways to handle an increasing number of containers. Despite these positive developments, challenges such as high initial costs for electric models and the slow adoption of automation technologies in some regions remained barriers to market ahead to 2025 and beyond, the reach stacker market is expected to experience continued growth, fueled by ongoing advancements in technology, increasing global trade, and the continued expansion of port and logistics infrastructure. Electric and hybrid models are likely to become more common, as manufacturers aim to meet sustainability goals and comply with stricter environmental regulations. Furthermore, the growing adoption of automation in the logistics and material handling industries is expected to drive the integration of automated reach stackers, which can improve efficiency and reduce labor market will also benefit from the increasing demand for port automation and the modernization of supply chains, as companies look for ways to handle more containers in less time. Innovations such as telematics and advanced sensors for predictive maintenance, along with improved fuel efficiency in diesel-powered models, will continue to shape the future of the challenges such as the high cost of advanced models, competition from alternative material handling solutions, and the need for skilled operators to handle specialized equipment will remain factors that may affect market growth in certain regions. Overall, the reach stacker market is expected to thrive, particularly in emerging economies, as global trade continues to expand and the need for efficient logistics solutions Insights Reach Stacker Market Increasing adoption of electric and hybrid reach stackers driven by environmental regulations and the need to reduce carbon footprints. Integration of automation and telematics in reach stackers for improved efficiency, real-time monitoring, and predictive maintenance. Rising demand for port and terminal infrastructure development in emerging markets, spurring growth in the reach stacker market. Growing focus on sustainability and fuel efficiency, with manufacturers improving the operational efficiency of both electric and diesel-powered models. Expansion of containerized shipping, requiring more efficient handling solutions like reach stackers for increased container volumes in ports and terminals. Rising global trade volumes and the increasing need for efficient material handling solutions in ports, terminals, and logistics centers. Environmental regulations pushing the adoption of electric and hybrid reach stackers to reduce emissions and operational costs. Technological advancements in automation, telematics, and predictive maintenance, enhancing the overall performance and efficiency of reach stackers. Continued investment in port infrastructure, particularly in emerging markets, to modernize logistics operations and accommodate growing trade volumes. High initial costs associated with electric reach stackers and the slow adoption of automation technologies in some regions remain key challenges for market growth. Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $3.2 Billion Forecasted Market Value (USD) by 2034 $5.9 Billion Compound Annual Growth Rate 6.9% Regions Covered Global Companies Featured Cargotec Corporation Komatsu Ltd. Dalian Forklift Co. Ltd. Hoist Material Handling Inc. Hyster-Yale Group Inc. Jay Equipment & Systems Pvt. Ltd. Konecranes Oyj Liebherr Group Linde Material Handling GmbH CVS ferrari S.P.A SANY Group Task Forklift Sca Heavy Equipment Pvt. Ltd. Hangcha Forklift CTR Manufacturing Industries Private Limited Toyota Material Handling Group Kalmar Terex Corporation Taylor Machine Works Inc. HANGCHA Group Co. Ltd. Anhui Heli Co. Ltd. Lonking Holdings Limited Manitou Group Mitsubishi Heavy Industries Ltd. Doosan Corporation Industrial Vehicle Hyundai Heavy Industries Co. Ltd. Clark Material Handling Company Crown Equipment Corporation Raymond Corporation Yale Materials Handling Corporation Jungheinrich AG Reach Stacker Market SegmentationBy Capacity 30-45 Ton Above 45 Ton By Propulsion Electric Hybrid By Application Yards/Landside Industrial By Geography North America (USA, Canada, Mexico) Europe (Germany, UK, France, Spain, Italy, Rest of Europe) Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC) The Middle East and Africa (Middle East, Africa) South and Central America (Brazil, Argentina, Rest of SCA) For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Reach Stacker Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-07-2025
- Business
- Yahoo
D.A. Davidson MCF International Acts as Exclusive Financial Advisor to Southworth International Group, Inc. on its Acquisition of Gruse Maschinenbau GmbH & Co.
BOSTON, July 01, 2025--(BUSINESS WIRE)--D.A. Davidson MCF International announced that it served as exclusive financial advisor to Southworth International Group, Inc. (SIGI), a global provider of ergonomic material handling solutions, in its acquisition of Gruse Maschinenbau GmbH & Co., an established manufacturer of engineered industrial lifting solutions. "Southworth is a highly respected material handling business that we have enjoyed a long-standing relationship with, so we are thrilled to be able to help them strengthen their capabilities in Europe through the acquisition of Gruse," said Chris Donegan, Managing Director at D.A. Davidson. Headquartered in Falmouth, Maine, SIGI provides material handling solutions for a variety of sectors and applications. The company employees 500 people across its global locations in North America, Europe, and China, serving over 60 countries around the world. Headquartered in Aerzen, Germany, Gruse Maschinenbau is a mechanical engineering company specializing in customized lifting solutions that support production processes and optimize material handling, serving customers in 55 countries worldwide. "Supporting Southworth in this strategic cross-border acquisition illustrates the strength of the D.A. Davidson MCF International platform," added Paul Colone, Managing Director at D.A. Davidson. "We're proud to help clients navigate the complexities of international transactions and achieve strong outcomes on a global scale." D.A. Davidson Investment Banking is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle-market clients worldwide across four industry verticals: Consumer, Diversified Industrials, Financial Institutions, and Technology. Together with its European strategic partner, MCF Corporate Finance, D.A. Davidson originates and executes transatlantic M&A transactions under the common brand of D.A. Davidson MCF International. About D.A. Davidson D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Greater Los Angeles, New York, Omaha and Seattle, the company has approximately 1,600 employees and offices in 30 states. Subsidiaries include: D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment advisor providing fixed income portfolio and advisory services. For more information, visit View source version on Contacts Deal Team Contacts: Chris Donegan, Managing Director | cdonegan@ Paul Colone, Managing Director | pcolone@ Media Contact: Emily RoyProsek for D.A. Davidson(646) 818-9232eroy@ Sign in to access your portfolio
Yahoo
30-06-2025
- Automotive
- Yahoo
Greenland Rises 6% Year to Date: Should You Buy the GTEC Stock?
Greenland Technologies GTEC shares have appreciated 6.1% year to date (YTD), lagging the Zacks Electronics – Miscellaneous Products industry's return of 10.7% but outperforming the Zacks Computer and Technology sector's return of 4.4%.Greenland is a developer and a manufacturer of drivetrain systems for material handling machineries and electric industrial vehicles (HEVI). Through its China-based subsidiaries, Greenland offers transmission products, which are key components for forklift trucks used in manufacturing and logistic applications. According to Grand View Research, the automotive transmission components market is estimated to witness a CAGR of 5.6% between 2025 and 2030. Greenland faces stiff competition from Dana Incorporated DAN, BorgWarner BWA, and American Axle & Manufacturing Holdings AXL in the drivetrain systems domain. Dana offers axles, driveshafts, transmissions, sealing, thermal products, motors, inverters, controllers, e-sealing, e-thermal and digital solutions for vehicles and machinery. BorgWarner products include four-wheel-drive and all-wheel-drive transfer cases, as well as automatic transmission and timing chain systems. BorgWarner's largest customers include Volkswagen and Ford. American Axle & Manufacturing Holdings supplies driveline components and driveline system products to General Motors, Stellantis and Ford, key shares have underperformed close competitor Dana but outperformed BorgWarner, and American Axle & Manufacturing Holdings. While shares of Dana and BorgWarner appreciated 49.5% and 5.7%, respectively, American Axle & Manufacturing Holdings shares dropped 27.9% YTD. Image Source: Zacks Investment Research Greenland stock is currently trading above the 50-day and 200-day moving averages, indicating a bullish trend. Image Source: Zacks Investment Research Greenland's first-quarter 2025 results suffered from lower volumes of transmission products. Revenues declined 4.6% year over year to $21.68 million. The company's transmission products are used in 1-ton to 15-ton forklift trucks and sells these transmission products directly to forklift-truck manufacturers. In the first quarter of 2025, Greenland sold an aggregate of 38,734 sets of transmission products to more than 100 forklift manufacturers in focus on selling higher-value and more sophisticated products, such as hydraulic transmission products, is expected to expand gross margin. In first-quarter 2025, gross margin expanded 580 basis points (bps) to 30.7%. Moreover, first-quarter 2025 income from operations surged 149.6% year over year to $4.81 million due to lower advertising and marketing expenses, shipping fees, general and administrative expenses, and research and development expenses. Higher gross margin and operating margin helped Greenland report earnings of 29 cents per share, up 61.1% year over 2025, the Zacks Consensus Estimate for GTEC's earnings has been steady at 48 cents per share over the past month. The company reported earnings of 90 cents per share in 2024. Greenland Technologies Holding Corporation price-consensus-chart | Greenland Technologies Holding Corporation Quote In December 2020, Greenland launched HEVI, which focuses on the production and sale of electric industrial heavy equipment. HEVI's electric industrial heavy equipment products currently include GEF-series electric forklifts, a series of lithium-powered forklifts with three models ranging in size from 1.8 tons to 3.5 tons, GEL-1800, a 1.8-ton rated load lithium-powered electric wheeled front loader,GEX-8000, an all-electric 8.0 ton rated load lithium-powered wheeled excavator, and GEL-5000, an all-electric 5.0 ton rated load lithium wheeled front August 2024, HEVI launched its H55L all-electric wheeled front-end loader, which can lift up to six tons in indoor and outdoor applications. The H65L all-electric wheeled front-end loader is the largest lithium battery-powered electric wheel loader commercially available in North HEVI introduced mobile DC battery chargers to support a growing market of EV applications requiring DC charging capabilities in the North America market. Expanding production capacity has been driving Greenland's prospects. In August 2022, HEVI launched a 54,000-square-foot industrial electric vehicle assembly site in Baltimore, Maryland. In July 2024, HEVI announced a partnership with Lonking Holdings Limited to develop and distribute heavy electric machinery and related technology specialized for the U.S. market. Investors should note that Greenland faces significant customer concentration, with its Chinese subsidiaries' five largest customers accounting for 41.27% of revenues. In first-quarter 2025, Greenland's single largest customer, Hangcha Group, accounted for 17.77% while the second largest, Longgong Forklift Truck, accounted for 9.48% of total revenues. Loss of any of these customers can hurt GTEC's volume. Greenland shares are undervalued, as suggested by the Value Score of A. In terms of Price/Book, Greenland is trading at 0.48X compared with the industry's 11.03X, Dana's 1.74X, BorgWarner's 1.25X and American Axle & Manufacturing Holdings' 0.83X, suggesting a cheap valuation. Image Source: Zacks Investment Research Despite stiff competition and customer concentration risks, Greenland benefits from a diversified portfolio. Greenland currently has a Zacks Rank #2 (Buy), which implies that investors should start accumulating the stock right now. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BorgWarner Inc. (BWA) : Free Stock Analysis Report American Axle & Manufacturing Holdings, Inc. (AXL) : Free Stock Analysis Report Dana Incorporated (DAN) : Free Stock Analysis Report Greenland Technologies Holding Corporation (GTEC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
