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Funding & Incentives

From tax breaks to grant programs, government funding can help with capital investments on forklift battery rooms, material handling equipment, and electrical tools. Learn more here.

Topics

  • Thailand’s Tax Incentives for Forklift Battery Handling Equipment

    Beginning in the mid-2010s, the Royal Thai Government implemented a series of policies designed to position Thailand as the region’s leading transportation and logistics hub. The New Transportation Development Strategies of 2015-2022 invested US$75 billion in transportation infrastructure, improving highways, railways, ports, and airports. Meanwhile, the Logistics Development Strategy of 2013-2017 laid out a clear plan to increase the nation’s... Continue Reading
  • Singapore’s Tax Incentives for Forklift Battery Handling Equipment

    Singapore is a major hub for global trade. In 2014, the nation was ranked first in Asia in the World Bank’s Logistics Performance Index. The warehouses and distribution centers that handle all the cargo moving through the country rely on efficient and dependable forklift fleets — and increasingly, material handling facilities in Singapore choose electric lift trucks. Electric forklifts are... Continue Reading
  • Russian Tax Incentives for Battery Handling Equipment

    The Russian forklift market has been on the decline in recent years. In 2015, for instance, Russian business owners bought 6,000 fewer lift trucks than they had the previous year. However, the picture isn’t entirely gloomy. Expedited shipping in Russia has grown steadily between 2010 and 2014, and was worth 55.6 billion rubles in 2014. The Russian e-commerce market swelled... Continue Reading
  • Israeli Tax Incentives and Benefits for Forklift Battery Handling Equipment

    Israel has a strong and growing manufacturing sector, a fair portion of which is devoted to lifting and material handling equipment, including forklifts. Statistics aggregate site Stastistica estimates that the revenue for sales of Israeli lifting and material handling equipment will soar to US$224 million (about 846 million shekels) by 2018, following three straight years of annual projected growth. As... Continue Reading
  • Government funding for Battery Handling Equipment in Hungary

    The Hungarian market for lift trucks grew only slightly in 2015, the last year for which the Industrial Truck Association provided statistics. However, even incremental growth represents thousands of units, and every new fleet of electric forklifts in Hungary needs a well-outfitted battery room to achieve peak profitability. Operator Aboard Battery Extractor Systems from BHS Global provide the quickest, safest,... Continue Reading
  • Czech Incentives for Battery Handling Equipment

    The Czech Republic has seen a gradual increase in the number of electric forklifts in the field since 2015. As more facilities go electric, the demand for battery handling equipment which improves safety and efficiency has expanded accordingly. There’s no reason to be daunted by investment costs for the battery room — or, for that matter, for warehouse equipment in... Continue Reading
  • Chile’s Tax Incentives for Battery Handling Equipment

    Chile’s warehousing sector will grow substantially in the next few years. Statistics aggregator site Statista projects continuous gains in Chile’s warehousing industry through 2018. According to their analysis, the value of warehousing and storage businesses in Chile will top US$3 billion by the end of that year. That makes it a great time to build in Chile, whether you’re a... Continue Reading
  • How to Save on Investments in Battery Handling Equipment in Indonesia

    The logistics market in Indonesia is on the rise. According to the Indonesian Logistics Association (ALI), the nation will see double-digit growth for the industry in 2016. That means Indonesia will need many more warehouses and distribution centers, which, in turn, will drive a dramatic increase in demand for electric forklifts and battery handling equipment, as well as more traditional... Continue Reading