Schaeff Lift Truck Inc. has acquired E-series electric truck line from Hoist Lift Truck Manufacturing, Inc.

 
12/01/04: Schaeff Lift Truck Inc Expands to Larger Facilities

08/01/04: Schaeff Lift Truck Inc Acquires Noble Construction Equipment Inc.’s Rough Terrain Forklift Product Line

05/20/04: Schaeff Lift Truck Inc. opens component manufacturing operation in Eastern Europe.

04/19/04: Schaeff Lift Truck Inc. has acquired E-series electric truck line from Hoist Lift Truck Manufacturing, Inc.

11/04/03:Quantum Value Partners Purchases Crane & Machinery, Inc. & Schaeff Inc .

12/12/03: Schaeff introduces its Parts Online system

Parts Online demo also available.

03/01/03: SCHAEFF has completed relocating operations to Bridgeview, IL.

 
 
 
 

April 19, 2004
To All Schaeff Dealers
To All Hoist E-Series Electric Truck Customers

 

Schaeff Lift Truck, Inc. is pleased to announced that on March 19th, 2004 it reached an agreement with Hoist Lift Truck Manufacturing Inc. to purchase the manufacturing rights for the Four-Wheel Sit Down Electric Truck line commonly know as E-series with capacities from 7000# to 12,000#.
According to the terms of the said Agreement, Schaeff Lift Truck, Inc. acquired all assets including drawings, know-how, inventories, fixtures and tooling etc. necessary to manufacture Eseries trucks. Schaeff Lift Truck, Inc. will also assume the following responsibilities immediately following the closing date of the Agreement:
-Supply of service parts
- Warranty responsibilities for all trucks made and shipped to customers by Hoist between March 19th 2003 and March 19th 2004 that carry standard manufacturer’s warranty of 12 months or 2000 working hours, whichever occurs first. If some of the trucks were shipped under different than standard manufacturer’s warranty such as: extended warranty, warranty discounts etc, Schaeff Lift Truck, Inc. shall carry no responsibilities. According to the records in possession of Schaeff Lift Truck, Inc. the following serial numbers of trucks were shipped by Hoist Lift Truck Manufacturing Inc. since March 19th 2003:

We have started preparation for production and are currently contacting all E-series vendors and suppliers. We anticipate that moving and preparation of product manufacturing will take approximately 90-120 days and expect to make our first deliveries in October-November 2004.
Currently we are also taking all necessary steps to build up our inventory of parts in order to guarantee adequate parts orders fill ratio later in May 2004. We take this chance to apologize and ask for your patience and understanding during this transitional period of the E-series product.
We are very excited about our new product addition and are determined as always to continue providing you with the best quality product and service.

Ed Cobb
Schaeff Fork Lift, Inc
phone: 708-430-5301
fax: 708430-6803