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THE only way is up as a global manufacturer of vertical car stackers looks to broaden its market from its traditional automotive sector into residential and other areas.

Manufacturer of the stackers, Denmark-based global company Stenhoj, will market its hoists and vehicle stackers under the Molnar Parking name after buying Adelaide-based Molnar Hoists in 2017.

“Molnar Parking is a new business sector where we are stepping out of our normal customer target groups,” said Stenhoj Australia CEO Risto Koskivuori.

“Molnar will not only offer car stackers for the automotive sector, but also for residential and other sectors and we are very excited about this new challenge.”

The company has appointed Kevin Dawes, who has 33 years experience with Molnar Hoists, to drive the expansion plans in Australia.

The new Molnar Parking system serves as dependent parking, above-ground parking without requiring a pit.

“Lower space has to be free to allow access for parking on the lifting platform,” Mr Dawes said.

The stackers are being offered to residential owners and for apartment and high-rise building owners as a way of minimising land use.

Molnar said that parking space across Australia is currently at a premium as usable land is shrinking to cater for the larger population growth while capital city living is becoming increasingly expensive.

“With the price of land increasing, councils are giving less options for roadside parking or high premiums in parking fees,” it said in a statement.

“With many automotive sites growing in popularity, clients have been coming to us asking for solutions to be able to retain their same inner-city location whilst expanding car parking facilities.

“This has been compounded by the increased waiting times for service customers caused by the delays with the supply of parts and components to their sites.

“The result is vehicles being stored longer at workshops and requiring to be stored safely without causing overcrowding.”

Molnar Parking has two models – a three-car and a two-car stacker – that reduce floor space in and outside of a workshop.

By Neil Dowling

Kelley Blue Book