Tailift Machine Equipment (Qingdao) Co., Ltd.

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.