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Raymond and Toyota restructure under TMHNA

Written by  PEM Staff Tuesday, 23 March 2010
Toyota Industries Corp. is formalizing the management and operations structure of Toyota Material Handling North America (TMHNA) to further strengthen the Toyota and Raymond brands in North America. This restructuring — originating from a long-term growth plan launched in 2005 — allows all TMHNA organizations to better collaborate on business efficiencies and share resources.

TMHNA is comprised of Toyota Industrial Equipment Mfg. Inc. (TIEM), the Columbus, Ind.-based lift truck manufacturing plant; Toyota Material Handling, U.S.A., Inc. (TMHU), a North American supplier of lift trucks; and The Raymond Corp., a North American market leader in electric warehouse trucks (distributed in Canada by Johnston Equipment). 

TMHNA will be headquartered at Toyota’s TIEM facilities in Columbus, Ind. The new management and operations structure will strengthen North American regional coordination, while continuing to grow the existing brands and maintaining distribution channels for Toyota and Raymond.

“Today we are further evolving TMHNA’s capabilities to better leverage the knowledge and expertise throughout our North American companies,” said Tatsuo Matsuura, chairman of TMHG. “This step will ensure that Toyota and Raymond customers continue to receive the best products and service in the industry.”

TICO formed the TMHG to better leverage the Toyota, BT and Raymond brands and operations worldwide. TMHNA was formed by TMHG as a framework to support the North American market.
www.raymondcorp.com
www.toyotaforklift.com
Last modified on Thursday, 25 March 2010 12:45

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