USNR Sells Lift Truck Business to Eaves Manufacturing LLC.

USNR, the largest U.S.-based Manufacturer of sawmill equipment, announced today that it has sold its lift truck Business to Eaves Manufacturing LLC, of Beebe, Arkansas. The lift truck product line,
which has worn USNR, Forano, and Eaves brands at different times over the last 17
years, is distributed through a dealership network across the United States and Canada.
The lift trucks range in capacity from 18,500 to 60,500 lbs and are used in sawmills, steelyards, marinas, and other demanding industrial settings.
“The sale of our lift truck business will allow USNR to focus more on its core business of
designing, manufacturing, and installing sawmill machinery, optimization software, and
automation technology,” stated George Van Hoomissen, USNR’s President and CEO.
Vance Eaves, President of Eaves Manufacturing, said: “By making the lift truck business
a stand-alone operation and moving it to Arkansas, we are going to be able to better serve
the vast majority of our customers. We will also be able to concentrate on design and
manufacturing changes that further improve the product’s performance for our
customers.”
Mr. Eaves expects that customers and dealers will not see any significant disruptions as a
result of the change in ownership: “We have a solid transition plan in place. We are
hiring USNR’s key lift truck employees, and we are taking over responsibility for parts,
service, and outstanding warranties. It should be pretty much seamless.”

USNR first became involved in the lift truck business in 2001 when it acquired Forano,
which had been manufacturing lift trucks since 1993 under the Forano and Eaves brand
names. USNR further developed the lift truck product line by designing and launching
the latest generations of the Small and Medium Line lift trucks, the “US” series, over the
last three years. A makeover of the Large Line is currently in progress, and this effort
will continue under Eaves Manufacturing, according to Mr. Eaves.
Eaves Manufacturing designs, manufactures, sells, and provides parts and service for
high capacity lift trucks from its plant in Beebe, Arkansas.

USNR is the world's premier firm in the design, manufacturing, and installation of state
of the art machinery, control systems, and optimization software for sawmills and planer
mills.