Subscribe to our free, weekly email newsletter!



Timely Replacement of Lift Trucks

By Hyster
October 24, 2012

Replacing older, less efficient lift trucks at the right time can reduce your maintenance costs, improve your productivity and, most importantly, save money and maximize your return on investment. As a result, your profitability goes up. In an economic downturn, there is a tendency to postpone the purchase of new equipment. This may be a costly mistake.

When lift truck fleets are not maintained appropriately or utilized efficiently, downtime increases, productivity is reduced and you end up spending money when you should be making money. This affects your bottom line when more money is being spent on a poorly maintained fleet that doesn’t perform as cost effectively as it should. So how do you determine the right time to make a new, significant purchase?

image

Subscribe to Modern Materials Handling magazine

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Recent Entries

Join Associate Editor Josh Bond and lift truck industry training expert, Jim Shephard share all the findings of Modern's annual Lift Truck User Survey. During this webcast, you'll receive detailed insights into users' practices around procuring, utilizing and maintaining their fleets.

Having grown from a local tool and die business established in 1962, company becomes 20th certified robot integrator.

Company celebrates 15th year on the NASDAQ since IPO in 1999.

Open Sky has already completed more than 270 supply chain software projects for clients in various industries.

Name change to take effect on Sept. 1; no changes planned for product line.



© Copyright 2013 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA