The Board of Directors of the Merlo Group have appointed Paolo Merlo as President, following the passing of company founder and President Mr Amilcare Merlo late last year.

Paolo Merlo said the company's goal for the next three years is to achieve 10,000 telehandlers annually, as well as about 25,000 attachments. To achieve this, he said, significant investments are planned with the opening of both new production lines and new infrastructure.

The new President confirmed, "Today, the solidity of the Merlo Group allows us to look far ahead and plan for the long term. There are still many applications and areas where we can grow, we aim to strengthen our historical markets, starting with Italy and the countries where we are present with subsidiaries and importers.

"At the same time, we also intend to expand into markets that are relatively new to us, where there is still plenty of room for growth."