Forklift, Conveyor & Material Handling Equipment Manufacturing Industry

NAICS: 33392

Forklift, Conveyor & Material Handling Equipment Manufacturing Market Share: Largest Companies in the Forklift, Conveyor & Material Handling Equipment Manufacturing Industry

Company	Headquarters	Revenue ($ MM)
FEATHERLITE EXISS SOONER HOLDING	Cresco, IA	100
LGS INDUSTRIES	Middlebury, IN	76
MI-JACK PRODUCTS	Hazel Crest, IL	50
LIFE-ALL	Landisville, PA	41
T MOWREY ENTERPRISES	Marianna, FL	38
KUENZ AMERICA	Raleigh, NC	32
PIEDMONT HOIST & CRANE	Winston-salem, NC	24
CARRIER VIBRATING EQUIPMENT	Louisville, KY	23
BLUE EAGLE TRANSPORT	Milford, CT	20
WHITING	Monee, IL	20
MALTA DYNAMICS	Waterford, OH	19
K. NEAL INTERNATIONAL TRUCKS	Wilmington, DE	19
AMERICAN EQUIPMENT SYSTEMS	South Salt Lake, UT	18
NYC CRANE HOIST OPERATIONS	Brooklyn, NY	17
GREENFIELD PRODUCTS	Hazel Crest, IL	17
CRANE EQUIPMENT & SERVICE OF ILLINOIS	Eureka, IL	17
ELEMENT GROUP	Princeton, MN	17
CHL SYSTEMS	Souderton, PA	16
OMI CRANE SYSTEMS	Rockwall, TX	15

This is a list of the largest companies active in the Forklift, Conveyor & Material Handling Equipment Manufacturing industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Forklift, Conveyor & Material Handling Equipment Manufacturing industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Forklift, Conveyor & Material Handling Equipment Manufacturing Companies

A list of competitors in the Forklift, Conveyor & Material Handling Equipment Manufacturing industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Forklift, Conveyor & Material Handling Equipment Manufacturing businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Forklift, Conveyor & Material Handling Equipment Manufacturing companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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