# Tailift forklift new factory completed and starts production in Qingdao

Tailift Forklift, part of Toyota Industries Group, held a ceremony on March 1, 2023 for the completion of Phase I of its new factory in Jiaoxi, Qingdao. The total investment is 680 million RMB, with annual capacity reaching 40,000 units when fully built.

- Type: New facility
- Announced: 2023-03-01
- Where: Jiaoxi, Qingdao, China
- Value: $98.0M (680.0M CNY)
- Starts operating: 1 Mar 2023
- Status: completed
- Capacity: 40000 units per year
- Products: forklifts
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Tailift](https://endata.com/companies/68907.md)
- [Toyota Industries Corporation](https://endata.com/companies/7152.md) (investor)

## Sources

- [tailift-qd.com](https://www.tailift-qd.com/listshow.php?id=222), 2023-03-03: "台励福胶西新工厂在丰田自动织机集团总部的大力支持和投入...今天如期举办项目一期竣工仪式，实现了台励福人多年的梦想。"

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