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Modern Materials Handling - April 2010

Modern Materials Handling - April 2010

Modern Materials Handling - April 2010

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Di@blogbest of <strong>Modern</strong>’s blogsCompany Briefings | Bob TrebilcockThe conveyor industry isgrowing again.www.mmh.com/blog/growingagainTakeaways | Tom AndelLift trucks: ensuring propane’s futurewww.mmh.com/blog/propanesfutureLIFT TRUCKSToyota and Raymond solidifybond, protect brandsTEN YEARS AFTER THE PURCHASE OF BT INDUSTRIES,RESTRUCTURING BRINGS TOYOTA AND RAYMOND EVEN CLOSER TOGETHER.BY TOM ANDEL, CONTRIBUTING EDITORMORE THAN 10 YEARS AGO,Toyota Industries Corporation (TICO,www.toyota-industries.com) purchasedBT Industries, making TheRaymond Corp. (www.raymondcorp.com) part of the Toyota Material<strong>Handling</strong> Group (TMHG).Last month, Toyota announcedthat the relationship betweenRaymond and Toyota would nowbe solidified into one managementorganization under Toyota Material<strong>Handling</strong> North America (TMHNA).According to Toyota, the formalizationof the management and operationsstructure of TMHNA will furtherstrengthen the Toyota and Raymondbrands in North America, allowingthe two organizations to better collaborateon business efficiencies andshare resources to improve levels ofquality, service and support.To make sure the two entitiesact as a united team, Raymond’spresident James Malvaso will now beTMHNA’s president and chief executiveofficer. Charles Pascarelli will beappointed president of the Raymondsales division, while Michael Fieldwill be appointed president of theRaymond operations division.TMHNA, comprised of ToyotaIndustrial Equipment Mfg. (TIEM),Toyota Material <strong>Handling</strong>, U.S.A.(TMHU), and The Raymond Corporation,will be headquartered atToyota’s facilities in Columbus, Ind.According to TMHNA, the new managementand operations structurewill work on strengthening NorthAmerican regional coordination,while continuing to grow the existingbrands and maintaining distributionchannels for Toyota and Raymond.m m h . c o m MODERN MATERIALS HANDLING / A P R I L 2 0 1 0 9

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