Admirable accomplishment. Toyota Industries Corp. (TICO) has been named one of the world's most admired companies by Fortune magazine. TICO has earned this honor for the second year in a row, climbing to number 28 on the list of 50 companies (up from 36th place last year). TICO manufactures and sells materials handling equipment, textile machinery, and automobiles. Two of its main U.S. subsidiaries are Toyota Material Handling U.S.A. Inc. (TMHU) and Toyota Industrial Equipment Manufacturing (TIEM). Another member of the Toyota Group, automaker Toyota Motor Corp., was number two on the list.
Hail from the chief. Executives from Hytrol Conveyor Co. were honored at the White House May 24 by President George W. Bush and Commerce Secretary Carlos Gutierrez. The company was presented with the Presidential "E" Award for excellence in exporting. Secretary Gutierrez congratulated Hytrol for job creation in its home state of Arkansas and for helping to grow new markets around the world. The "E" Award, originally created in 1961 by President John F. Kennedy, is the highest honor the federal government can bestow upon an American exporting company.
Honor delivered. The Transportation Sales & Marketing Association has honored Pat Finan, senior vice president of sales for FedEx Freight, with its 2007 Outstanding Service Award. The award recognizes individuals for their contributions to the organization and to the development of professionalism in the transportation industry.
Uplifting. The Raymond Corp. has honored nine of its dealers as Dealers of Distinction based on performance. They are: Abel Womack Inc. of Lawrence, Mass.; Arbor Material Handling of Willow Grove, Pa.; Associated South of Indianapolis, Ind.; Carolina Handling of Charlotte, N.C.; G.N. Johnson Equipment Co. of Mississauga, Ont.; Heubel Material Handling of Kansas City, Mo.; Malin Integrated Handling Solutions and Design of Addison, Texas; Pengate Handling Systems of York, Pa.; and Raymond Handling Concepts Corp. of Fremont, Calif.
Water, water everywhere. Nestlé Waters has named Averitt Express its Carrier of the Year in recognition of Averitt's innovative transportation solutions. More than 40 carriers serve Nestlé's Red Boiling Springs, Tenn., facility, but only Averitt earned this recognition.