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

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

The initial share capital of the company was just $18,000, but Kim together with his partners believed that the business will become a great success. This proved true, because Daewoo became among the largest chaebols, or businesses of the country. The corporation had operations in a huge array of industries, like motor vehicles, building ships, heavy industry, aerospace, telecommunications, consumer electronics, trading and financial services. Exports were heavily promoted and a network of offices was established abroad. Ultimately, there were over 100 branches throughout the globe. The corporation at its peak sold thousands of different items in more than 130 nations. By the latter part of the 1990s the corporation had become significantly overextended. Daewoo was seriously in debt, and Kim was accused of corporate wrong doing. The government of South Korea ordered the company dismantled during 1999 and other corporations purchased most of the company's holdings.

  • Skyjack Articulating Boom Lifts
    What Is an Articulating Boom Lift? The articulated boom lift is a heavy duty machine capable of performing various tasks from electrical repair to construction applications. These highly maneuverable lifts make working at heights much... More
  • Caterpillar Reach Stackers
    A reach stacker is a vehicle meant to handle the movement of containerized cargo within small and medium-sized ports and terminals. Reach stackers are ideal for quickly shuttling containers short distances and stacking them in... More
  • Lull Telehandlers
    When Accuracy Is Everything, Trust Lull Precision is a vital skill to have, particularly when placing steel beams or landing skids of block or transporting heavy bundles of roofing. This critical skill keeps the operators... More
  • Genie Knuckle Boom Lift
    Genie Knuckle boom lifts are strong four wheel drive and four wheel steering capable equipment that allow work to be completed efficiently, even if the terrain is rough. The ALC 1000 electronic controls are a... More
  • Mitsubishi Propane Forklifts
    The forklift has been around ever since the early part of the 1920's. Since its inception, the lift truck has become an indispensable machinery for the materials handling business. The forklift is also called a... More