# Toyota forklift manufacturing base Phase I begins production in Jiaozhou, China

Toyota Group's forklift manufacturing base in Jiaozhou, China, has started production in Phase I. The project, with a total investment of $132 million for Phase I, is expected to produce 110,000 forklifts annually and generate 6 billion yuan in annual output when fully built.

- Type: New facility
- Announced: 2023-06-28
- Where: Jiaozhou, Shandong, China
- Value: $132.0M
- Jobs: 3,000
- Starts operating: 27 Jun 2023
- Status: completed
- Capacity: 110,000 forklifts per year
- Products: internal combustion forklifts, electric forklifts
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Toyota](https://endata.com/companies/16194.md)

## Sources

- [news.iqilu.com](https://news.iqilu.com/shandong/shandonggedi/20230628/5458305.shtml), 2023-06-28: "该项目一期已正式投产，二期正在办理土地手续。"
- [shandong.chinadaily.com.cn](http://shandong.chinadaily.com.cn/qingdao/2023-07/05/c_901647.htm), 2023-07-05: "The first phase of the Toyota forklift manufacturing base was recently put into operation in Jiaozhou, a county-level city in Qingdao, Shandong province."

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