# Toyota Material Handling and Raymond Corp to integrate into one company

Toyota Material Handling and The Raymond Corporation will formally integrate into one company named Toyota Material Handling North America (TMHNA), effective April 1, 2025. The integration will not result in layoffs and aims to leverage strengths of both organizations.

- Type: Acquisition
- Announced: 2025-01-08
- Where: Columbus, Indiana, United States
- Value: $50.0M
- Status: announced
- Products: forklifts, material handling equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Toyota Material Handling](https://endata.com/companies/18417.md)
- [Raymond Corporation](https://endata.com/companies/1560.md) (target)
- [Toyota Industries Corporation](https://endata.com/companies/7152.md) (investor)
- [Toyota Material Handling North America](https://endata.com/companies/36599.md) (acquirer)

## Sources

- [mheda.org](https://www.mheda.org/industry-news/toyota-mh-the-raymond-corp-to-become-one-integrated-organization/), 2025-01-09: "This is a historic day for our company, customers, dealers, and associates."
- [workplacepub.com](https://www.workplacepub.com/material-handling/lifts-trucks/toyota-material-handling-the-raymond-corporation-to-become-one-organization/), 2025-01-22: "This unification will allow TMHNA to leverage the unique strengths of both organizations to be more efficient for the benefit of both Toyota and Raymond customers."
- [akm.ru](https://www.akm.ru/eng/news/toyota-material-handling-and-raymond-combine-under-tmhna-brand/), 2025-02-09: "From April 1, 2025, Toyota Material Handling and Raymond Corp. They are officially merging into one company called Toyota Material Handling North America (TMHNA)."

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