Call Toll Free - 888-670-1195
2018 Skyjack SJ1056 Image
Stock Number: EQC012374
Make: Skyjack
Model: SJ1056
Year: 2018
2018 Skyjack SJ1056 Details
2015 Terex CTT 121A-5 TS16 Image
Stock Number: 600017
Make: Terex
Model: CTT 121A-5 TS16
Year: 2015
2015 Terex CTT 121A-5 TS16 Details
2007 Potain HDT80 Image
Stock Number: 600194
Make: Potain
Model: HDT80
Year: 2007
2007 Potain HDT80 Details
2013 Hyundai 110D-7E Image
Stock Number: EQU010604
Make: Hyundai
Model: 110D-7E
Year: 2013
2013 Hyundai 110D-7E Details
2012 Miller Big Blue 400D Image
Stock Number: 231276
Make: Miller
Model: Big Blue 400D
Year: 2012
2012 Miller Big Blue 400D Details
2008 Combilift C12000SL Image
Stock Number: EQU008108
Make: Combilift
Model: C12000SL
Year: 2008
2008 Combilift C12000SL Details
 
Daewoo High Capacity Forklift

Daewoo High Capacity Forklift

South Korea was going through a serious trade deficit in the early 1960s. The domestic market of the country was not really that strong to support domestic businesses. After WWII, when the Allies divided Korea, all the natural resources were in the territory north of the 38th parallel. With its stronger military, North Korea, wasted little time before invading the South after the withdrawal of the U.S. military. During the year 1953, the country was finally at peace, and South Korea began an intensive drive towards economic development, rapidly transforming from an agrarian economy to a centrally planned, industrial economy. Determined to never again experience hostile invasions and lack of vital resources, South Korea became an economic miracle. Daewoo Group was established by Kim Woo Choong during this period of economic emergence. Daewoo, which means "Great Universe," was established in the year 1967.

Even though the company's initial share capital was just $18,000, Kim and his partners believed that the business will be successful. This proved true, and Daewoo went on to become among the nation's biggest chaebols, or companies. The company had operations within a wide array of industries, like for instance shipbuilding, motor vehicles, aerospace, heavy industry, consumer electronics, telecommunications, financial services and trading. Exports were greatly promoted and a network of offices was established in different nations. Ultimately, there were over 100 branches throughout the world. The business at its peak sold thousands of different items in over 130 nations. By the latter part of the 1990s the company had become considerably overextended. The business was seriously in debt, and Kim faced charges of corporate wrong doing. The South Korean government ordered the company dismantled in the year 1999 and other businesses purchased most of Daewoo's holdings.

  • Taylor Reach Stackers
    TS Series Reach Stackers Taylor Machine Works has set a new worldwide standard in regard to reach stacker container handling. Their newest TS-9972 Reach Stacker is the most comfortable, durable and user friendly equipment within... More
  • Yale Duel Fuel Forklifts
    Optional Accessories for Your Forklift Audible Devices - Motion or back-Up Alarms: Motion alarms and backup alarms are audio device accessories that produce enough sound so that the noise is heard overtop the sounds produced... More
  • Hyster End Control Forklifts
    To suit all of your application needs, Hyster carries a diverse array of forklifts. The J45-70XN for instance features a Drop Battery Box and a unique component design which will allow this particular unit to... More
  • Terex Straight Boom Lifts
    What Is a Boom Truck? A boom truck utilizes a winch to recover heavy things or transport supplies to areas that are typically not accessible. Like for instance, they are commonly utilized to reach the... More
  • Jungheinrich Lift Truck
    The diesel and gas forklifts made by Jungheinrich have been engineered with numerous choices like payload capacities ranging from 1,600 kilograms to 9,000 kilograms and drive systems like hydro-dynamic and hydro-static drives. For your particular... More