By focusing on our Komatsu brand, we will strengthen our dealers and improve our position in the marketplace." KFI comments: "We do not expect this change to have a detrimental effect on our future business because our sales of Hamech trucks have already declined over the last two years. Young An Hat Co Ltd of Bucheon, South Korea owns Clark. It is not expected that this arrangement will have any significant impact on the operations of either organisation."Ĭlark has roots in materials handling equipment back to 1917. "Clark Material Handling Co and Crown Equipment Corp have entered into an agreement whereby Clark will supply Crown with certain privately branded internal combustion trucks for distribution by Crown to factory stores and a limited number of independent Crown dealers in the United States and Canada. Now, KFI builds Hamech forklifts at a facility in Newberry, South Carolina.Ĭlark and Crown issued a joint statement: Crown owns the Hamech brand.īeginning in January, Lexington-based Clark will supply Crown dealers initially with Hamech demonstration units and then commercial production models.į News has learned that Clark plans to manufacture the Hamech forklifts at a factory in Changwon, South Korea. Clark Material Handling Co will succeed Komatsu Forklift USA LLC (KFI) as a supplier of certain Hamech-brand internal combustion-powered forklifts to Crown Equipment Corp.Ĭrown of New Bremen, Ohio disclosed the change in a 28 September message that was sent through its North American distribution channels.
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