Skip to content
Search AI Powered

Latest Stories

inbound

Stars come out as Toyota celebrates 25 years of lift truck manufacturing in the U.S.

Indiana governor, Toyota top brass recognize company's economic contribution as it continues to expand facilities, product line, and employee base.

Special Toyota anniversary lift truck
Special Toyota anniversary lift truck


Toyota Material Handling North America President and CEO Brett Wood (left) and Indiana Governor Mike Pence with a specially painted forklift commemorating Toyota's 25th year manufacturing lift trucks in the United States.

October 15 was an unusual day in Columbus, Ind., a small city that's best known for its modern architecture and displays of public art. For one thing, Indiana's governor, Mike Pence, and a host of Japanese dignitaries (including one of the cofounders of the Lexus line of autos) were in town. For another, the factory where Toyota Industrial Equipment Manufacturing Inc. (TIEM) builds Toyota-brand forklifts, completely shut down that afternoon, and 1,500-plus employees were outside on the lawn or seated under a circus-sized tent.


The occasion was the commemoration of the manufacturing plant's 25 years of operations in the United States. The event also highlighted TIEM's $16 million-dollar expansion and building renovation—the 14th expansion since the plant opened in 1990. The 50,600-square-foot addition will increase the facility to 1.1 million square feet of manufacturing and support space, including room for new manufacturing technology and product development. The expansion includes a two-story office building, a new cafeteria, a new storm shelter and locker room, and additional space for Toyota's on-site medical center for associates and their families. The new building will also serve as headquarters for Toyota Material Handling North America (TMHNA), the North American division of Toyota Material Handling Group, which relocated from California last year.

Following presentations by current and former Toyota executives and local political figures—including a rousing speech by Pence about U.S. manufacturing and job creation—TMHNA President and CEO Brett Wood, a former high school and college soccer star who remains active in local youth and adult soccer programs, announced that TIEM would sponsor a new indoor soccer facility in partnership with the Columbus Express Soccer Club. Company associates were treated to a pig roast and a live performance by a local country-western band, and also received commemorative jackets, t-shirts, and soccer balls.

The plant expansion comes none too soon. Sales continue to grow, and TIEM earlier this year presented the 500,000th lift truck built at the Columbus plant to WestRock, a Norcross, Ga.-based concern that is the product of a recent merger of RockTenn and Mead Westvaco Corp. TIEM also has launched eight products in the past two years, including three—a new reach truck, an 80-volt electric truck, and a high-capacity IC forklift—last month alone.

The Latest

More Stories

forklift carrying goods through a warehouse

RJW Logistics gains private equity backing

RJW Logistics Group, a logistics solutions provider (LSP) for consumer packaged goods (CPG) brands, has received a “strategic investment” from Boston-based private equity firm Berkshire partners, and now plans to drive future innovations and expand its geographic reach, the Woodridge, Illinois-based company said Tuesday.

Terms of the deal were not disclosed, but the company said that CEO Kevin Williamson and other members of RJW management will continue to be “significant investors” in the company, while private equity firm Mason Wells, which invested in RJW in 2019, will maintain a minority investment position.

Keep ReadingShow less

Featured

iceberg drawing to illustrate supply chain threats

GEP: six factors could change calm to storm in 2025

The current year is ending on a calm note for the logistics sector, but 2025 is on pace to be an era of rapid transformation, due to six driving forces that will shape procurement and supply chains in coming months, according to a forecast from New Jersey-based supply chain software provider GEP.

"After several years of mitigating inflation, disruption, supply shocks, conflicts, and uncertainty, we are currently in a relative period of calm," John Paitek, vice president, GEP, said in a release. "But it is very much the calm before the coming storm. This report provides procurement and supply chain leaders with a prescriptive guide to weathering the gale force headwinds of protectionism, tariffs, trade wars, regulatory pressures, uncertainty, and the AI revolution that we will face in 2025."

Keep ReadingShow less
supply chain workers counting boxes in warehouse

US Bank tracks top three supply chain impacts for 2025

Freight transportation sector analysts with US Bank say they expect change on the horizon in that market for 2025, due to possible tariffs imposed by a new White House administration, the return of East and Gulf coast port strikes, and expanding freight fraud.

“All three of these merit scrutiny, and that is our promise as we roll into the new year,” the company said in a statement today.

Keep ReadingShow less
chart of business concerns from descartes

Descartes: businesses say top concern is tariff hikes

Business leaders at companies of every size say that rising tariffs and trade barriers are the most significant global trade challenge facing logistics and supply chain leaders today, according to a survey from supply chain software provider Descartes.

Specifically, 48% of respondents identified rising tariffs and trade barriers as their top concern, followed by supply chain disruptions at 45% and geopolitical instability at 41%. Moreover, tariffs and trade barriers ranked as the priority issue regardless of company size, as respondents at companies with less than 250 employees, 251-500, 501-1,000, 1,001-50,000 and 50,000+ employees all cited it as the most significant issue they are currently facing.

Keep ReadingShow less
chart of shipping business conditions

Shippers Conditions index reached high-point in September

A measure of business conditions for shippers improved in September due to lower fuel costs, looser trucking capacity, and lower freight rates, but the freight transportation forecasting firm FTR still expects readings to be weaker and closer to neutral through its two-year forecast period.

Bloomington, Indiana-based FTR is maintaining its stance that trucking conditions will improve, even though its Shippers Conditions Index (SCI) improved in September to 4.6 from a 2.9 reading in August, reaching its strongest level of the year.

Keep ReadingShow less