# Tailift Forklift opens new plant in Jiaozhou, Shandong

Tailift Machine Equipment (Qingdao) Co., Ltd., a Toyota Group subsidiary, opened a new forklift manufacturing plant in Jiaozhou, Shandong, China. The new facility, which began production in 2023, has an annual capacity of 20,000 units and is expected to reach 110,000 units when fully operational, with an estimated annual output value of 6 billion yuan.

- Type: New facility
- Announced: 2024-04-16
- Where: Jiaozhou, Shandong, China
- Starts operating: 2023
- Status: completed
- Capacity: 110,000 units per year
- Products: forklifts, lithium battery forklifts
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Tailift Machine Equipment (Qingdao) Co., Ltd.](https://endata.com/companies/76836.md)
- [Toyota Industries Corporation](https://endata.com/companies/7152.md) (partner)

## Sources

- [sd.chinadaily.com.cn](https://sd.chinadaily.com.cn/a/202404/16/WS661e75dca3109f7860dd9aa8.html), 2024-04-16: "每7分钟就有一台叉车下线，2023年年产量达到两万台，新厂房全部达产后年产量可以达到11万台，预计年产值达到60亿元。"

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