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Monark Equipment Corporation is a family-owned Filipino corporation, and is a dealer and importer of heavy equipment and generator sets.It is the exclusive authorized dealer of Caterpillar products in the Philippines and prominently features the Caterpillar logo and the Caterpillar Yellow livery as part of its company logo.
The company's 860,000 sq ft (80,000 m 2). facility in Houston is located on 42 acres (170,000 m 2) of land and employs 1,200 workers, capable of producing over 25,000 forklifts per annum. MLA is a subsidiary of Mitsubishi Heavy Industries and one of the worldwide Mitsubishi Logisnext group of companies:
A forklift (also called industrial truck, lift truck, jitney, hi-lo, fork truck, fork hoist, and forklift truck) is a powered industrial truck used to lift and move materials over short distances. The forklift was developed in the early 20th century by various companies, including Clark , which made transmissions , and Yale & Towne ...
The Mitsubishi Forklift Trucks brand was formed in 1992 [1] when MHI entered a joint venture with Caterpillar Inc. In February 2013, Mitsubishi Forklift Trucks has signed an agreement with the Japanese company Nichiyu to create Mitsubishi Nichiyu Forklift Co., Ltd. As of 2018, Mitsubishi Forklift Trucks operates as a subsidiary of Mitsubishi ...
Mitsubishi Logisnext Americas Inc., previously known as Mitsubishi Caterpillar Forklift America is a material handling equipment manufacturer based in Houston, Texas, United States. [ 1 ] [ 2 ] It is a subsidiary of Mitsubishi Logisnext .
In 2013 there were over 4,000 fuel cell forklifts used in material handling in the United States. [2] As of 2024, approximately 50,000 hydrogen forklifts are in operation worldwide (the bulk of which are in the U.S.), as compared with 1.2 million battery electric forklifts that were purchased in 2021.