Industry Facts

TOP 20 FORKLIFT SUPPLIERS

2016 RANK
COMPANY
2016 REVENUE
(IN MILLIONS)
% CHANGE
2015-2016
NORTH AMERICAN BRANDS
WORLD HEADQUARTERS
1

Toyota Industries Corporation

8563

0%

Toyota, Raymond

Aichi, Japan
2

KION Group

5879

3.90%

Linde, Baoli

Wiesbaden, Germany
3

Mitsubishi Nichiyu Forklift Co., Ltd.

3407

69.30%

Unicarriers, Mitsubishi, CAT, TCM, Atlet, Barret, Jungheinrich (NA only)

Kyoto, Japan
4

Jungheinrich AG

3252

8.50%

Sold in NA by MCFA

Hamburg, Germany
5

Crown Equipment Corp.

2910

10.20%

Crown, Hamech

New Bremen, Ohio
6

Hyster-Yale Materials Handling, Inc

2570

-0.30%

Hyster, Yale

Cleveland, Ohio
7

Anhui Forklift Truck Group Corp.

928

2.30%

Heli, CHL

Hefei, Anhui, China
8

Doosan Industrial Vehicle

781

10.60%

Doosan

Seoul, South Korea
9

Hangcha Group Co., Ltd

774

9.90%

HC, Hangcha

Hangzhou, China
10

Clark Material Handling International, Inc.

740

0.10%

Clark

Seoul, South Korea
11

Komatsu Ltd.

616

-18.90%

Komatsu

Tokyo, Japan
12

Hyundai Heaby Industries

477*

0%

Hyundai

Ulsan, South Korea
13

Combilift Ltd.

227

7.10%

Combilift

Monaghan, Ireland
14

EP Equipment, Ltd.

200

25.00%

Big Joe

Hangzhou, China
15

Konecranes

185*

0%

Konecranes

Hyvinkaa, Finland
16

Lonking Forklift Co., Ltd.

163*

0%

Lonking

Shanghai, China
17

Manitou

136

18.30%

Manitou

Ancenis Cedex, France
18

Hubtex

76*

0%

Hubtex

Fulda, Germany
19

Paletrans Equipment

69*

0%

Paletrans

Cravinhos, Brazil
20

Godrej & Boyce Manufacturing

67

6.30%

Not Available in North America

Cravinhos, Brazil

Figures based on currency exchange rates as of 12/31/16.
*2016 revenues were not available by press time.
Source: Modern Materials Handling

 TOTAL $29,782 $32,020 7.50%