The Raymond Corporation was acquired by BT Industries of Sweden in 1997. Toyota Industries Corporation of Japan acquired BT Industries in 2000. The combination of The Raymond Corporation, BT Industries and Toyota now makes up the largest lift truck manufacturer in the world.
When did Toyota Buy Raymond?
The purchase price was us$353 million. Three years later, in 2000, Toyota Industries Corporation purchased BT and the Raymond brand. Today, the Raymond factory makes a line of forklifts branded by Toyota. It also continues to market its own products under the Raymond brand.
Who owns Raymond material handling?
Michael Field has over 25 years of experience managing engineering and operations groups at industrial companies. He is currently president and CEO for The Raymond Corp., where he oversees operations, sales and marketing, engineering, and administrative functions.
Who is the world’s largest forklift manufacturer?
Leading Forklift Manufacturers in the World
- Toyota Industries. Toyota are the industry’s leading manufacturer, with revenues of over $7 billion. …
- KION Group. …
- Jungheinrich Lift Truck Corporation.
What does Raymond Corp do?
The Raymond Corporation, a Toyota Industries Corp. company, is a leading global provider of best-in-class material handling products and intelligent intralogistics solutions that optimize your entire operation, deliver actionable insights, and transform operations through automation.
Is Raymond part of Toyota?
The Raymond Corporation was acquired by BT Industries of Sweden in 1997. Toyota Industries Corporation of Japan acquired BT Industries in 2000. … Raymond continues to retain its own brand products and distribution and remains the North American leader in the material handling industry.
What is Raymond reach forklift?
Reach higher heights and maintain productivity in cold environments with intelligent Raymond 7000 Series Reach- Fork® trucks designed with integrated intelligence to enhance operations, and universal stance and open-view mast for better visibility and ergonomics.
What owns Toyota Industries?
Toyota Industries is active in five business areas: automotive, materials handling, electronics, logistics, and textile machinery.
Who is the best forklift manufacturer?
Top Forklift Manufacturers of 2021
- Toyota. This should come as no surprise to anyone. …
- KION Group. Kion Group is another fixture on the top forklift manufacturer’s list. …
- Jungheinrich Group. …
- Mitsubishi Logisnext. …
- Hyster-Yale Materials Handling (HYMP) …
- Crown Equipment. …
- Anhui Heli Forklift. …
What is the most reliable forklift?
According to their survey results (tallied on July 16, 2018), the top 10 most beloved forklift brands are:
- Bobcat Company (Rated highly, but their products are meant for outdoors work)
- CASE (Rough terrain forklifts)
- Clark Material Handling.
- Nissan Motor Manufacturing UK.
- AB Volvo (originally No.
Who makes the best forklift?
Top 20 Industrial Lift Truck Suppliers
|2018 Rank||Company||2017 Rank|
|1||Toyota Industries Corporation||1|
|2||KION Group AG||2|
|4||Mitsubishi Logisnext Co., Ltd.||4|
Are Raymond forklifts good?
Raymond Forklift Reviews
The vast majority of customer reviews for Raymond forklifts are overwhelmingly positive. Customers love the quality of the company’s forklifts, stating that they have little to no issues whatsoever and perform well with demanding tasks.
What is the name Raymond mean?
Origin of the name Raymond:
From the Old Norman French Raimund (wise protection), which is derived from the Germanic Raginmund, a compound name composed of the elements ragin (advice, judgment, counsel) and mund (hand, protection).
How much does a Raymond order picker weight?
High Quality for High-Throughput
It offers quick acceleration and fast lift speeds to keep your operators moving. AC Drive and AC Lift motors contribute to smoother operation, greater energy efficiency and longer component life. 3,000 lbs.