IRVINE, Calif., (August 30, 2007) - For the fifth consecutive year, Toyota is ranked as the world's largest lift truck supplier based on 2006 revenue reports. As seen in Modern Materials Handling's July 2007 issue, Toyota reported the highest global sales revenue of more than $5.5 billion, a nine percent increase over 2005 figures.
"As we celebrate our 40th year of establishing U.S. operations, we are pleased to solidify Toyota's position as the number one lift truck supplier worldwide," said Dr. Shankar Basu, president and CEO of Toyota Material Handling, U.S.A., Inc. "A number of factors have contributed to Toyota's continued success, including our world-class dealer network, dedication to customer satisfaction, technology innovations and commitment to delivering product quality, durability and reliability. We look forward to another banner year with the recent product introductions of the 8-Series lift truck, 8-Series AC pallet truck, tow tractors and Toyota Fleet Solution program - all designed to meet and exceed customers' needs."
The Industrial Truck Association noted that lift truck sales worldwide increased in 2006, reflecting strong growth in the industry. To be eligible for Modern Materials Handling's Annual Top 20 ranking, companies must manufacture and sell lift trucks in at least one of the Industrial Truck Association's (IOTA) seven truck classes. Rankings are based on worldwide revenue from powered industrial trucks during each company's most recent fiscal year.
About Toyota Material Handling, U.S.A., Inc.
Celebrating its 40th year of establishing operations in the United States, Irvine, Calif.-based Toyota Material Handling, U.S.A., Inc., (TMHU) is the number one selling lift truck supplier in the U.S. since 2002 and offers a full line of high-quality lift trucks sold under the Toyota brand. Quality is the hallmark of Toyota's world-renowned Toyota Production System practiced at all Toyota manufacturing facilities, including Toyota Industrial Equipment Manufacturing (TIEM) in Columbus, Ind. Most of the Toyota lift trucks sold in the United States are manufactured at TIEM.
TIEM and all Toyota manufacturing plants in the U.S. and Canada comply with the ISO 14001 standard from the International Organization for Standardization (ISO), and have been honored for their environmental management systems and dedication to continuous improvement.
Toyota's commitment to excellence in customer service extends nationwide. Sixty-nine authorized Toyota Industrial Equipment dealers, with a total of 189 dealership locations throughout the United States, offer comprehensive customer service support, including one-stop shopping for both new and Certified Used lift trucks, parts, service, fleet management and financing. For more information on TMHU, please visit www.toyotaforklift.com or call 1-800-226-0009.