# Toyota Industries North America acquires Hoist Liftruck

Toyota Industries North America acquired the assets of Hoist Liftruck Mfg., effective February 8, 2019. The new company will be Hoist Material Handling, Inc.

- Type: Acquisition
- Announced: 2019-02-08
- Where: East Chicago, Indiana, United States
- Status: announced
- Products: lift trucks, material handling equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Hoist Liftruck](https://endata.com/companies/16276.md) (target)
- [Toyota Industries North America](https://endata.com/companies/37280.md) (acquirer)
- [Hoist Liftruck Mfg.](https://endata.com/companies/37295.md) (target)
- [Hoist Liftruck Manufacturing](https://endata.com/companies/37320.md) (target)

## Sources

- [toyotaforklift.com](https://www.toyotaforklift.com/news/toyota-industries-north-america-acquires-hoist-liftruck), 2019-02-13: "It’s an honor to hand it off to the industry leader Toyota."
- [hoistlift.com](https://www.hoistlift.com/toyota-industries-north-america-acquires-hoist-liftruck/), 2019-02-13: "Toyota Industries North America, Inc. has entered into a definitive agreement to acquire the assets of Hoist Liftruck Mfg., LLC effective February 8, 2019."
- [insideindianabusiness.com](https://www.insideindianabusiness.com/articles/toyota-industries-acquires-east-chicago-manufacturer), 2019-02-14: "This is the perfect next step in the expansion of our Toyota Heavy Duty (THD) line."
- [ttnews.com](https://www.ttnews.com/articles/toyota-acquires-chicago-based-hoist-liftruck), 2019-02-19: "It's an honor to hand it off to the industry leader Toyota."
- [mmh.com](https://www.mmh.com/topic/tag/Lift_Trucks/P645), 2019-03-05: "Hoist has 25 years of experience manufacturing heavy-duty cushion tire and pneumatic forklifts, reach stackers, container handlers and more, ranging in lift capacity from 7 to 57 tons."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.