Daewoo Big Forklifts Phoenix

Daewoo moved into the construction industry, helping to create the new village movement, that was a part of Korea's rural development program. The company was also able to capitalize on the growing markets in the Middle East and within Africa. Daewoo received its GTC designation at this time. The government of South Korea offered major investment support to the company in the form of subsidized loans. The strict import controls of South Korea angered competing countries, but the government knew that, unaided, the chaebols will never endure the global recession caused by the 1970's oil crisis. Protectionist policies were essential to make sure that the economy continued to grow.



Daewoo's move into shipbuilding was required by the government, even though Kim felt that both Samsung and Hyundai had better knowledge in heavy engineering and was more suited to shipbuilding compared to Daewoo. Kim did not want to take responsibility for the biggest dockyard in the world, at Okpo. He stated numerous times that the Korean government was stifling his entrepreneurial instinct by forcing him to undertake actions based on duty rather than revenue. Despite his reluctance, Kim was able to turn Daewoo Shipbuilding and Heavy Machinery into a really successful company producing competitively priced ships and oil rigs on a tight production schedule. This took place during the 1980s when South Korea's economy was going through a liberalization stage.



In this period, the government relaxed its protectionist measures and encouraged the existence of small- and medium-sized companies. Daewoo was forced to divest two of its important textile companies, and its shipbuilding industry faced stiffer competition from overseas. The government's objective was to shift to a free market economy by encouraging a more efficient allocation of resources. Such a policy was meant to make the chaebols more aggressive in their global dealings. Then again, the new economic climate caused some chaebols to fail. The Kukje Group, among the competitors of Daewoo, went into bankruptcy in the year 1985. The shift of government favour to small private companies was intended to spread the wealth which had before been concentrated within Korea's industrial centers, Seoul and Pusan.

• CAT Telehandler Phoenix
  There are 5 key steps to making certain that safety is a main concern. The first step is completing a Walk-Around Inspection in order to insure that the unit is visually safe. After that assess... More
• Yale High Capacity Forklifts Phoenix
  The busiest areas of any warehouse are the receiving and shipping areas. Since the docks are really crowded, trucks are designed to be maneuverable, compact and have great visibility. Operators of lift trucks who are... More
• Toyota forklifts Phoenix
  Toyota's forklifts are made to feature improved ergonomics, visibility, durability that can lead to more productivity. Toyota remains the leader in safety technology that could be more impressive compared to the features before. Toyota provides... More
• Yale Order Picker Forklift Phoenix
  Yale Materials Handling Corporation is a worldwide leader in the manufacture of high performance and innovative industrial lifts. These machinery are built to the highest standards of safety and health in their respective classes. The... More
• Komatsu Counterbalance Forklift Phoenix
  Counterbalance lift truck Training The Occupational Safety and Health Administration or OSHA require that anyone utilizing a counterbalanced lift truck receive lecture style or classroom training. They also require that a periodic refresher training in... More