Toyota Industries
Toyota Industries Corporation is a Japanese machine maker. It is the world's largest manufacturer of forklift trucks measured by revenues. In 2000, Toyota Industries acquired the Swedish-based forklift truck corporation BT Industries, alongside BT's subsidiaries The Raymond Corporation and CESAB. Combined with Toyota Industries' materials handling division, this created the largest forklift company in the world, Toyota Material Handling Corporation. In October 2012, Toyota Industries acquired Cascade Corp., a maker of attachments for forklifts, for a price of $728 million. In 2017, Toyota Industries acquired Vanderlande Corp. a manufacturer of automated material handling solutions as well as Bastian Solutions on the North American market.
Toyota Industries is active in five business areas: automotive, materials handling, electronics, logistics, and textile machinery. Toyota Industries’ materials handling umbrella organization Toyota Material Handling Group has two strong brands: TOYOTA and RAYMOND, offering optimal materials handling solutions to customers all over the world. TMHG also have the CESAB brand, which is highly recognized in the Italian market. Aerial work platforms are provided under the AICHI brand.
