Wednesday 24th Oct 2018 - Logistics Manager Magazine

Nissan Motor to spin off forklift business

Nissan Motor is to spin-off its Industrial Machinery Division and establish a new company, Nissan Forklift Co Ltd, from 1st October.

It said the primary goal of the spin-off was to strengthen the division’s autonomy and implement a flexible management system to position the forklift business for sustainable growth globally.