×

 

UniCarriers Acquires Nissan Industrial Engine Manufacturing

Noria news wires

UniCarriers Americas recently announced the acquisition of all outstanding shares of Nissan Industrial Engine Manufacturing (NIEM). NIEM has been renamed Global Components Technologies Americas (GCTA) and becomes a wholly owned subsidiary of UniCarriers Americas (UCA).

NIEM supplies high-quality engines for several forklift models produced by UniCarriers Americas, as well as to customers throughout the Americas. This transaction is part of UniCarriers Americas' overall strategy to transfer the Nissan industrial engine business into the UniCarriers family.

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

Under the new ownership, GCTA will continue to assemble and distribute the K21 and K25 engines in Marengo, Illinois, 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 UniCarriers Corp., focused on designing, manufacturing and distributing gas and diesel engine assemblies, transmissions and attachments for UniCarriers products, aftermarket support and customers worldwide.

In January, GCT began production at the Konosu engine plant outside of Tokyo, where the new Tier 4-compliant diesel engines will be produced beginning in 2016. The new GCT plant will also serve as the primary production site for the next generation of K21 and K25 engines.

"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."

For more information, visit www.unicarriersamericas.com.

Subscribe to Machinery Lubrication

About the Author