For Turkish manufacturers of hoists and motors, business is very good—both in the huge domestic market, and in the export markets surrounding the country and further afield. One of the drivers behind the strong market in Turkey is the level of innovation creating new products and improving the performance of existing technology.
An alert about ensuring that locking mechanisms on two-post vehicle hoist support arms are properly engaged to prevent vehicles slipping off the hoist (21 November 2018). More…
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The new-for-2017 Porsche 911 RSR is the heavily modified race version of the already track-focused 911 GT3 RS. As such, it’s a Le Mans racer through and through, and what it lacks in luxury it makes up for in on-track capability.
Lonking has a market capitalization of $1.28 billion and generates $1.33 billion in revenue each year. Lonking employs 7,481 workers across the globe.
Shares of LONKF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
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“The lifting, crane and elevator market is one of the leading sectors in Turkey, with a huge volume,” says Alkan Demircioglu, sales and marketing manager at Elk Motor. “There are a lot of companies making production, and R&D in this area. There are some strong capacity OEMs in this branch of the market. We are not able to count motors sold specifically to this market, since we mainly deliver our motors from our factory directly to our distributors.
And while the front suspension is built from hefty 2-ton equipment, it was a no-brainer to stick with conventional parts for the rearend and suspension. Leaf springs offer the right amount of cushion for the F-100, and a 9-inch rearend is a simple solution for putting power to the ground. The rearend has been narrowed 6 inches overall and features a 2.76:1 gear set, a locker differential, and Moser axles.
Some companies that are related to Lonking include Douglas Dynamics (PLOW), Columbus McKinnon (CMCO), Astec Industries (ASTE), Manitowoc (MTW), Gencor Industries, Inc. (DE) (GENC) and ASV (ASV).
Lonking’s mailing address is No. 26 Mingyi Road, Xinqiao F4, 201612. The company can be reached via phone at 86-21-3760-2000 or via email at [email protected]
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