Study: Forklift manufacturers, dealers, distributors drive billions of dollars, thousands of jobs in U.S.
The report quantifies this manufacturing sector’s strong economic impact and employment rates and offers detailed data at national and state levels.
Forklifts are critical in keeping America’s just-in-time inventory in motion, and are the workhorses that move America’s goods on a daily basis. Nearly every product sold in this country is touched by a forklift in its lifetime, and a new report produced by Industrial Truck Association (ITA), Washington, D.C., and Oxford Economics, London, quantifies this manufacturing sector’s strong economic impact and employment rates and offers detailed data at national and state levels.
“Forklifts have been lifting America’s economy for over a century, and we can now quantify our industry’s economic contributions to the overall U.S. economy,” says Brett Wood, chairman of ITA and president and CEO of Toyota Material Handling North America, Summerville, S.C.