Leading the Way
For over 64 years, this global leader in sealing and fluid handling systems has delivered
innovative and sustainable solutions to the transportation and industrial markets. With a
workforce of 23,000 employees driving excellence, the company generates over $2 billion in
annual revenue. However, even with its industry leadership, the business faced the challenge of
financial losses while striving to maintain operational efficiency.
The Challenge: Fueling Growth Amid Financial Pressures
To remain competitive and continue delivering top-tier solutions, the company needed to
upgrade its aging fleet of forklifts across multiple facilities. With financial pressures mounting
and existing financing sources fully tapped, the company found itself needing a solution that
would support its growth without further straining its resources.
The Solution: Timely Support and Adaptive Solutions
NFS Leasing stepped in at a crucial moment, offering a tailored leasing solution that financed
the company's material handling and forklift needs across various locations. When other
financing sources were capped, NFS Leasing provided the flexibility and support necessary to
ensure the equipment upgrade was completed on time, revitalizing operations.
The Result: Growth and Innovation Revitalized
With the new equipment in place, the company enhanced its operational efficiency and
reclaimed its competitive edge. NFS Leasing’s flexible financing solution allowed the company
to focus on what truly matters—driving innovation and growth. This partnership addressed an
immediate challenge and empowered the company to continue building a stronger, more
sustainable future for its employees, customers, and markets.