MCFA and Jungheinrich Enter Into North American Manufacturing and Distribution Agreement |
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
Jungheinrich Lift Truck Corp.
2121 West Sam Houston Parkway North
Houston, TX, 77043
USA
Press release date: August 12, 2009
MCFA and Jungheinrich Enter Into North American Manufacturing and Distribution Agreement
Houston, TX / Richmond, VA (August 12, 2009) - Jungheinrich AG (http://www.jungheinrich.com), and Mitsubishi Caterpillar Forklift America Inc. ("MCFA") (http://www.mcfa.com), have entered into a manufacturing and distribution agreement for the North American market.
Under the terms of the agreement announced today, MCFA will be the exclusive distributor of Jungheinrich-branded warehouse products in the United States, Canada and Mexico beginning in 2010. Jungheinrich will design new products for the North American market to be manufactured by MCFA. Additionally, Jungheinrich will supply some Class 1 products for sale under the Cat® lift trucks brand and Class 3 products for sale under the Mitsubishi forklift trucks brand.
"Sales of Jungheinrich products through the MCFA distribution network opens up wonderful opportunities to the Jungheinrich brand in North America and strengthens our competitive position, with MCFA benefiting from our warehousing expertise in exchange," says Hans-Georg Frey, Chairman of the Board of Management of Jungheinrich AG, assessing the agreement.
The Cat lift trucks product line, known for its durability in a wide range of industrial applications, will now focus on sit-down Class 1, 4 and 5 counterbalanced products. The Jungheinrich line will be offered for narrow aisle Class 2 and 3 products as well as some select Class 1 models typically used in warehousing and distribution applications. The Mitsubishi forklift trucks product range offered through North American dealers will not change.
"Bringing Cat® lift trucks and Jungheinrich products together through one distribution network gives our customers the best of both worlds," said Jeff Rufener, vice president of marketing, MCFA. "Cat Lift Trucks and Jungheinrich are global leaders in their product categories. Our customers can now pick one or both of the brands to serve their needs, delivered and supported by MCFA dealers; the industry's best distribution network."
As part of the agreement, Jungheinrich will establish a design center on MCFA's Houston, Texas campus. The Houston Design Center (HDC) will focus on development of a new range of warehouse products designed for and manufactured in North America. The HDC will be staffed with Jungheinrich personnel. The current Jungheinrich sales and service operations will cease effective December 31, 2009. The Jungheinrich facility in Richmond, VA will close in 2010. MCFA exclusive distribution of Jungheinrich products, including sales and service support from its Houston, Texas headquarters, will commence in January 201
About Jungheinrich AG
Jungheinrich ranks among the world's leading companies in the material handling equipment, warehousing and material flow engineering sectors. The company is a logistics service provider with manufacturing operations, which offers its customers a comprehensive range of forklift trucks, shelving systems, services and consulting covering the entire field of intralogistics. Jungheinrich shares are traded on all German stock exchanges. For more information about Jungheinrich, visit www.jungheinrich.com.
About Mitsubishi Caterpillar Forklift America Inc. ("MCFA")
Mitsubishi Caterpillar Forklift America Inc. ("MCFA") is a leading provider of forklift trucks in the United States, Mexico, Canada and Latin America. MCFA manufactures two brands, Mitsubishi forklift trucks and Cat® lift trucks, from its Houston headquarters. With hundreds of dealers located throughout North and South America, MCFA provides customers with quality products, backed by industry-leading customer service. For more information about MCFA, Cat Lift Trucks or Mitsubishi Forklift Trucks, visit www.mcfa.com, www.cat-lift.com or mit-lift.com.
|
|
|
|
|
|
