UniCarriers Americas announces acquisition of Nissan Industrial Engine Manufacturing

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While rumors grow that Kion Group is in talks to buy UniCarriers, the UniCarriers Americas Corporation has announced the acquisition of all outstanding shares of Nissan Industrial Engine Manufacturing (NIEM). NIEM was originally jointly owned by Nissan Kohki Co. and Nissan Forklift Corporation North America, now UniCarriers Americas Corporation.

On April 1, 2015, NIEM was renamed Global Components Technologies Americas (GCTA) and becomes a wholly owned subsidiary of UniCarriers Americas (UCA). NIEM supplies high-quality, reliable engines for several forklift models produced by UniCarriers Americas, as well as to customers throughout the Americas. This transaction represents one of several phases of UniCarriers Americas’ overall strategy to transfer the Nissan industrial engine business into the UniCarriers family, securing one of its product’s key competitive technologies, and preparing the organization for future redesigns and enhancements to maintain the K21 and K25 engines’ top position in the market.

“The business of manufacturing Nissan forklift engines is an important part of our heritage,” said Anthony Salgado, president of UniCarriers Americas Corporation. “It represents the heart and soul of our main product line.”

Under the new ownership, GTCA will continue to assemble and distribute the highly efficient, powerful and reliable K21 and K25 engines in Marengo as part of the UniCarriers family.

GCTA will work in cooperation with Global Components Technologies (GCT) in Japan, which is a wholly owned subsidiary of the US$1.9bn global company, UniCarriers Corporation, focused on designing, manufacturing and distributing gas and diesel engine assemblies, transmissions and attachments for UniCarriers products, aftermarket support and customers worldwide. In January of this year, GCT began production at the Konosu engine plant outside of Tokyo, where the new Tier 4-compliant diesel engines will be produced beginning early 2016. The new GCT plant will also serve as the primary production site for the next generation of K21 and K25.

“We are excited to complete this very important transaction,” said Salgado. “As we continue to invest in our global growth, a top priority is ensuring that UniCarriers Americas has the ability to control and build upon our proven and reliable internal combustion technology.”

April 2, 2015

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Tom Stone is Editor of the iVT brand – which includes digital and print editions of a quarterly magazine and the Advanced Lift-truck supplement, as well as ivtinternational.com, which is updated daily. Tom has met and interviewed some of the world's leading industrial vehicle OEM presidents, CEOs and MDs, and takes great pride in cementing iVT's place as the leading forum for debate within the industry, a reputation that his been built up over the brand's 25-year history.

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