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Start-up of the lift truck industry
Originally the home-based forklift market in Korea was an open import enterprise. Korea Machinery Co. Ltd. started in 1960, to import fully assembled forklifts as part of a domestic equipment expansion project. Product sales of these products were initially targeted to state-run companies, large scale corporations, and the military. This eventually led to a merger with Daewoo Heavy Industries Ltd. In 1976, the Forklift Division begun business operations throughout Korea to service and sell this heavy equipment. By 1978, a lift truck production plant was successfully completed. Continuous technical training became the new focus for improving quality and product development.
Propane lift truck effectiveness is pretty impressive in view of the fact that the cylinders containing propane can simply be replaced and the machine can get back to work without losing much "downtime". It is unlike the electric lift truck where spare batteries must be purchased to be used while the original battery can take up to 8 hours of cooling time and 8 hours of charging time depending on the unit.
Safety
In view of the fact that the fuel system of the propane lift truck is sealed; it is far safer to function compared to various models of forklift. The fuel cylinders are sealed to ensure optimum safety and should adhere to strict national code specialization. Propane gas also operates with less energy compared to CNG gas, thus, if any accident occurs, there is a system where the fuel is shut off. This significantly minimizes the possible danger and destruction which can take place. Refilling options are also beneficial for the operator. If they will prefer to refuel elsewhere, the cylinders can be transported to a refilling centre. If the business prefers, the refilling could be done on site instead.