Sustained Innovation and Creativity - Toyota Industries Corporation

Toyota In dus tries’ 80 Years of HistoryFoundation – 1980s1926Toyoda Au to mat ic Loom Works, Ltd.(now Toyota Industries Cor po ra tion)es tab lished to man u fac ture andmarket automatic looms in vent ed bySakichi Toyoda.1952Automobile engine (S-type gasolineengine) production starts.1953Kyowa Plant starts operations,producing engines and assemblingautomobiles.19746P compressor production starts.1977Swash-plate compressor technologylicensed to Chrysler and Ford.Compressor Division separates fromTextile Machinery Division.1955Vehicle Division set up.1978Starlet (automobile) production starts.1956Lift truck production starts.Aerial lift equipment productionstarts.FounderSakichi ToyodaSakichi Toyoda was born inShizuoka Prefecture, Japan,in 1867. He became aninventor while still in his teensand devoted his life to thestudy and development oftextile machinery. Startingwith a wooden handloom,he sub se quent ly pioneered anew era in textile machinerywith in ven tions that includedJapan’s fi rst power loom,the circular loom and theToyoda Automatic LoomType G. Sakichi was awarded84 patents and 35 utilitymodels in his lifetime and isremembered with pride inJapan as one of the world’sgreatest inventors. We atToyota Industries are proud tocarry on the engineering spiritof our illustrious founder.1924Toyoda Automatic Loom Type Ginvented by Sakichi Toyoda.1929Spinning frame production starts.Automatic loom patent sold to PlattBrothers & Co., Ltd. of the U.K.1933Automobile Division set up.1934A-type automobile enginecompleted.1935Prototype of Model A1 passenger carcompleted.Company unveils Model G1 truckat a new-car-release exhibition inShibaura, Tokyo.1937Automobile Division separates andbe comes Toyota Motor Co., Ltd. (nowToyota Motor Corporation).1940Steel Production Division separatesand becomes Toyoda Steel Works,Ltd. (now Aichi Steel Corporation).1944Obu Plant starts operations,producing castings.1949Company stock listed on Tokyo,Osaka and Nagoya stock exchanges.1959P-type gasoline engine productionstarts.1960Shovel loader production starts.Car air-conditioning compressor(CC3A type, CC3B type) productionstarts.1963Dump truck production starts.Friction welder pro duc tion starts.1964J-type diesel engine productionstarts.1967Nagakusa Plant starts operations,producing small commercial vehicles.Publica (van) and Mini Ace(automobile) production starts.Electric coun ter bal anced lift truckproduction starts.1968Open-end spinning machineproduction starts.1970Takahama Plant starts operations,producing industrial vehicles.1971Corolla (van) production starts.Divisional organization systemintroduced (3 divisions: TextileMachinery, Industrial Vehicle andVehicle).Toyoda-Sulzer Manufacturing Ltd.established as a joint venture withSulzer Brothers, Ltd. of Switzerland toproduce projectile looms.1980JA air-jet loom production starts.198110P compressor production starts.1982Production starts on C-type dieselengines for small passenger cars.Hekinan Plant starts operations,producing automobile diesel engines.1985Engine Division separates fromVehicle Division.10PA com pres sor production starts.1986Company awardedthe Deming Prizefor quality controlimplementation.Deming PrizeX300 series lift truck production starts.1987Sprint er Cielo (ex port ed as theCorolla Lift Back) production starts.Electronics Sub-Division set up.1988Toyota Industrial Equipment Mfg.,Inc. (TIEM) established in Columbus,In di ana, U.S., as a joint ven ture withToyota Motor Corporation.RX100 ring spinning frame productionstarts.1989Michigan Automotive Compressor,Inc. (MACI) established in Jackson,Michigan, U.S., as a joint venture withDENSO Corporation.54 Toyota Industries Corporation Annual Report 2006