The materials handling industry, driven by the demand for efficient logistics and warehousing solutions, has seen significant growth and consolidation. Many forklift manufacturers have expanded their operations and become publicly traded companies, offering investors opportunities to participate in this dynamic sector. Here’s a look at some of the prominent publicly traded forklift manufacturers:
North America
- Caterpillar Inc. (CAT): Caterpillar is a global construction equipment manufacturer. CAT forklifts are technically made under license by a Mitsubishi affiliate. Its stock is traded on the New York Stock Exchange (NYSE).
- Toyota Industries Corporation (TOYOTA): While primarily known for its automotive business, Toyota also manufactures forklifts. Its stock is traded on the Tokyo Stock Exchange.
- HYG Hyster Yale Group. Hyster/Yale formerly was a division of North American Coal. It started trading on its own back in 2007.
Europe
- KION Group AG (KION): KION is a leading provider of industrial trucks and warehouse automation solutions. Its stock is traded on the Frankfurt Stock Exchange (FWB). Brands include Linde and Still and Rapistan.
- Jungheinrich Aktiengesellschaft (JUN3.DE) Jungheinrich is another major European forklift manufacturer with a strong presence in the global market. Its stock is traded on the Frankfurt Stock Exchange (FWB).
- Kalmar is publicly traded on the Helsinki stock exchange.
Asia
- Hyundai Heavy Industries Co., Ltd. (HHI): HHI is a South Korean conglomerate involved in shipbuilding, offshore engineering, and industrial machinery, including forklifts. Its stock is traded on the Korea Exchange (KRX).
- Komatsu Ltd. (KOM): Komatsu is a Japanese multinational manufacturer of construction and mining equipment, as well as forklifts. Its stock is traded on the Tokyo Stock Exchange.
