Nissan Forklift Corporation has announced its business results for its 2010 fiscal year end, which occurred on March 31, 2011. The company reports strong growth and resulting profits, with an increase in market share.
“We are pleased with the growth in our market share in fiscal 2010, especially since we were coming off of a particularly challenging fiscal 2009 due to the effects of the economic down turn,” said Peter Kruse, president, Nissan Forklift Corporation. “New equipment and aftermarket sales activity were very strong, and we also added six new dealers, strengthening our position in the United States, Canada and Latin America.”
Nissan Forklift Corporation attributes its strong growth to several factors, including numerous new product launches in 2010, growing capabilities, and an increase in productivity. Robotic welding and lasers enabled increased productivity, while maintaining the high quality standards for which Nissan Forklift is known. Online product sequencing strategies reduced internal lead times by more than 80 percent, also adding to streamlined productivity.
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