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Doosan’s Direct Investment

Leading forklift manufacturer, Doosan, has made a major capital investment in its top regional distributor, Fork Truck Direct.

The Essex-based dealer sells over 100 new Doosan forklifts each year and aims to increase its annual turnover, currently in excess of £3.5m, by 30 to 35 percent within the next 3 years. The move follows Doosan’s recent decision to create a new standalone business, Doosan Industrial Vehicles.

DIV UK director and general manager, Tim Waples, believes the six figure investment will enable FTD to expand their coverage, as well as recruit additional sales and service personnel, and help Doosan to become the UK’s dominant player.