Toyota Material Handling and Raymond to integrate as Toyota Material Handling North America

Toyota Material Handling and The Raymond Corporation announced they will formally integrate into one company under the name Toyota Material Handling North America (TMHNA), effective April 1, 2025. The integration will not result in layoffs and includes four major manufacturing plants plus a new 295,000-square-foot electric vehicle facility.

“Our goal isn't to reduce our workforce, but rather to bring together the strengths, resources, and talent from throughout our organizations.”newequipment.com

• 1 source
• newequipment.comToyota-Raymond Integration Creates Material Handling Giant — Promises Growth, Not Downsizing | New Equipment DigestLaura DavisJan 8, 2025

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