Stock Number: 232182
Make: WackerNeuson
Model: WK HI400HD D
Year: 2013

Stock Number: EQU006818
Make: Kalmar
Model: DCG160-12
Year: 2015

Stock Number: 208461
Make: Mitsubishi
Model: FG50CN1
Year: 2015

Stock Number: 207928
Make: Hyundai
Model: 70D-7A
Year: 2014

Stock Number: 232155
Make: WackerNeuson
Model: WK HI400HD D
Year: 2013

Stock Number: 300673
Make: JLG
Model: M600JP
Year: 2016

Stock Number: 300309
Make: CAT
Model: 2C5000
Year: 2015

Stock Number: 231276
Make: Miller
Model: Big Blue 400D
Year: 2012

Stock Number: EQC001251
Make: NilfiskAdvance
Model: CAPTOR 4300
Year: 2009

Stock Number: EQC004706
Make: JLG
Model: 1930ES
Year: 2011

Stock Number: 208357
Make: Manitou
Model: MT5519
Year: 2015

Stock Number: EQU007779
Make: Kalmar
Model: KLMV25-1200
Year: 1985

Daewoo Large Capacity Forklift

Daewoo Large Capacity Forklift

Early History
The South Korean government in the early 1960s began a new economic plan that required huge companies called "chaebols" to concentrate on manufacturing exports. This new strategy called for a series of five year plans which were intended to reduce the trade deficit the nation was experiencing while helping to bolster the country's production. This was a plan which had already been successfully utilized y both South Korea's Far East competitors, Taiwan and Hong Kong. Daewoo had a key part in this effort to enhance the significance of South Korea's exports.

The government of South Korea sponsored cheap loans for chaebols manufacturing products for export. Daewoo benefited from the loans when it began trading during the year 1967. This was at the start of the second five-year plan. Daewoo capitalized on the nation's huge labor force, its primary asset. By concentrating on labour-intensive industries, such as clothing and textile, the business yielded high profits. The factory of the corporation in Pusan made 3.6 million shirts every month. What's more, the corporation made basic manufacturing equipment, which were labour intensive as well. During this time, Daewoo helped to increase the level of exports of South Korea, which were growing nearly 40% per year.

When the demand for labour pushed wages up, Korea's comparative advantage in labor-intensive production started to decline. Competition from both malasya and Thailand forced Korea to refocus its energies on other businesses, such as shipbuilding, petrochemicals, electrical and mechanical engineering, and construction. This particular phase of the nation's economic recovery lasted from 1973 to 1981. This occurred at the same time as the US announced its intentions to completely withdraw its peacekeeping forces from the nation. The new emphasis in production was meant to further the expansion of Korea's exports while at the same time manufacturing components which previously had to be imported. Local parts manufacturing helped to make possible a national defense industry and strengthen domestic industries.

  • Caterpillar Aerial Lifts
    There are various alternatives for access platforms these days. There is a lift designed for practically any jobsite application and ... More
  • Mitsubishi Used Forklifts
    Even though there are lots of companies who begin workers in the receiving area, they will be a lot better off to allot professionals to ... More
  • Potain Tower Cranes
    Several industrial and commercial buildings can reach heights of over 60 stories. Apparently, while these buildings are being ... More
  • Manitou Gas Forklift
    Nearly all companies will turn to the forklift to help them move particular objects from place to place or to carry out specific tasks. ... More
  • Crown Narrow Aisle Forklifts
    Very Narrow-Aisle Turret Trucks Within the lift truck industry, Crown has manufactured an innovate series of heavy-duty turret trucks, ... More