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Start-up of the lift truck industry
Initially the domestic forklift marketplace in Korea was an open import enterprise. Korea Machinery Co. Ltd. begun in 1960, to import fully assembled forklifts as part of a domestic machinery expansion project. Product sales of these goods were primarily targeted to state-run firms, large scale organizations, and the military. This ultimately 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 forklift manufacturing plant was successfully completed. Continuous technical instruction became the new focus for enhancing quality and product development.
Propane forklift efficiency is pretty impressive since the cylinders containing propane could easily be replaced and the machinery could get back to work without losing much "downtime". It is unlike the electric lift truck where extra batteries have to be acquired to be utilized while the original battery can take up to 8 hours of cooling time plus 8 hours of charging time depending on the model.
Safety
In view of the fact that the propane forklift has a sealed fuel system, it is much safer to operate compared to the different types of lift trucks obtainable. The propane fuel cylinders themselves adhere to strict national code specialization and are sealed to ensure optimum safety. Propane gas also works with less energy as opposed to CNG gas, thus, if any mishap occurs, there is a system where the fuel is shut off. This greatly minimizes the potential risk and destruction which could occur. Refilling options are also beneficial for the operator. If they will rather refuel somewhere else, the cylinders could be transported to a refilling centre. If the business chooses, the refilling could be accomplished on site instead.