UniCarriers Corporation, headquartered in Tokyo, Japan, completed the transfer of all issued shares of TCM Corporation from Hitachi Construction Machinery Co., Ltd and all issued shares of Nissan Forklift Co., Ltd from Nissan Motor Co., Ltd., positioning the company to create a world-class platform for forklift innovation and growth. “Uni” of “UniCarriers” means united, unique and universal. The official press release including the new executive team can be found at our new global website (www.unicarriers.co.jp/en/). It’s important to note that we are still officially TCM America, Inc., and Nissan Forklift Corporation, North America and will initially continue to operate as independent business units under the UniCarriers’ group direction. However, this merge is the best possible solution for our business and for our customers during this drastically changing market environment. With a spirit of “innovation and challenge”, UniCarriers plans to merge its two operating companies by next spring to generate maximum synergies, increase market share and pursue business and quality improvement. The management teams at TCM and Nissan Forklift have worked independently with the UniCarriers team in the past. Moving forward, we plan to complete our planning process to address critical brand and channel strategies, aiming for the number one spot in the industry. As we confirm our plans over the coming months, we will communicate our approach and accompanying tactics. In the meantime, our customers should continue to receive the same high quality products and services which they have come to expect. We are committed to integrating our operating companies quickly and efficiently with little interruption to the marketplace. By joining companies, our combined resources will allow us to enhance our services and develop our market presence, while providing you with an extensive range of top-quality products and additional technical expertise. What does this mean for the future?
- A broader and deeper range of products to meet your business needs
- The right product for the right application at the right price
- A commitment to innovation, ensuring cutting edge next-generation material handling solutions
- Greater support, opportunities, and resources available worldwide
- Growth and prosperity opportunities for all involved
- A financially strong partner with a long-term strategy for growth
- Exclusive focus on the forklift market
As with all important business decisions, we will work closely with our dealer partners, supplier partners, employees, and end users to make this integration as smooth as possible. We will continue to update you on our progress through normal communication channels.