It is reported that Airtrax, Inc, the US-based designer of omni-directional "Sidewinder" FLTs (see WorldCargo News, October 2002, p29), is negotiating a stake in FiLCO GmbH.
The latter is a special vehicle of the Filipov family, which took over the bankrupt Clark Material Handling GmbH from the German receivers last month, after a proposed deal with Korea-based Young An Hat Company, which had already bought Clark Materials Handling Company in the US (see WorldCargo News, February 2003, p3), fell through when it was rejected by the company's employees....
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This complete item is approximately 255 words in length, and appeared in the May 2003 issue of WorldCargo News, on page 3.
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