The Economic Impact of Forklifts

Industrial trucks and forklift sales are directly tied to our economy. When our economy does well, more forklifts are required to move the goods ordered by customers and end-users. Conversely, when a downturn occurs, forklift sales drop, sometimes dramatically as they did with the recession of 2009. What few people understood until now, the economic impact these forklifts make on our economy. Recently the Industrial Truck Association in conjunction with Oxford Economics researched the topic, and below are some of the significant findings.

  • Industrial truck manufactures generate 209,600 jobs in the US, directly and indirectly.
  • The economic impact of forklift on the US economy is $25.7 billion dollars. Here in Ohio forklifts generate over $2.4 billion dollars to our state economy.
  • Over $15 billion of that contribution is a result jobs that support forklift sales and service such as service technicians, the parts that are made and sold and installed on forklifts, training centers etc…
  • The Bureau of Labor and Statistic (BLS) estimates that there are about 540,000 industrial truck operators in the US.
  • There are over 200,000 forklifts sold annually in the US.
  • Over 1 million forklifts are sold around the world each year.
  • The industrial truck industry generate about $5.3 billion dollars in state and local taxes. Here in Ohio, state and local taxes are over $1791 million dollars.

As you can see, when we sell a forklift we create a lot of work not only here at All Lift Service Inc., but for our customers, their customers and the impact is felt all throughout our state and national economy.

Report – Industrial Trucks Impact on US Economy

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CLARK and All Lift Team Up to Help Habitat for Humanity

In October of 2015 the employees of CLARK wanted to do something very special during the celebration of their Centennial Celebration, so they settled upon raising funds to build a Habitat for Humanity home. Their goal was $30,000 to be matched by CLARK if they achieved this goal. They were pleased to announce that a year later, they had raised the $30,000 and CLARK matched their funds to become the sole sponsor for a home to be built for the Alvarez family.

Groundbreaking for the home commenced in March of 2016 and construction volunteers included 68 CLARK employees, 18 family members and friends of the Alvarez family. A little over a year later, on June 24th, 2017 the new home was dedicated and the Alvarez family moved in the following week.

Fund raising by the CLARK employees included raffles, car washes, silent auctions, Hairy for the Holidays competition and simply by eating chocolate! One of the fund raising included the raffling of a new CLARK Goat recreational vehicle. All Lift’s President, John L. Gelsimino was the winner of the GOAT and couldn’t believe it. “I’m shocked, I never win anything” John exclaimed as he was told he was the winner.  It didn’t take much time at all for John to come to the realization that the GOAT would be much better utilized by a caring organization like Habitat, so he asked if they could use it. Tears of joy ran down the faces of Dana Stefaniak and Rachel Childress of Habitat as they accepted the generous gift.

It’s a great story, everyone wins and All Lift is proud to be a partner of a company like CLARK and glad we could play a part in the success of the event, and Habitat for Humanity. Below is a picture of John L. Gelsimino, his father, our founder, Dana and Rachel of Habitat for Humanity and two members of the Alvarez family.

GOAT.jpg