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Toyota Industries North America Inc. finalized its acquisition of Hoist Liftruck Mfg. LLC, adding heavy-duty lift trucks to its catalog. Hoist has been rebranded as Hoist Material Handling Inc. and will be managed by Toyota Material Handling USA.
Toyota Industries North America acquired the assets of Hoist Liftruck Mfg., effective February 8, 2019. The new company will be Hoist Material Handling, Inc.