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Toyota Realigns Global Operations

Irvine, CA — As part of Toyota Industries Corporation’s (TICO) global strategy to focus on its material handling business, Toyota Material Handling, U.S.A., Inc. (TMHU) will acquire the Industrial Equipment Division (IED) of Toyota Canada Inc. (TCI). The move will go into effect on October 1, 2011. With the transfer of business operations, Brett Wood, president of TMHU, will assume responsibility over the new market. Current TCI IED director, Rob Reinders, will join TMHU’s senior management team with Canadian field staff continuing to provide support to dealers across Canada. There will be no job losses at TCI as a result of the acquisition.

Material Handling Equipment Distributors Association

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