Lift truck manufacturer Toyota Material Handling North America (TMHNA) has chosen three projects for its funded research program to develop supply chain technologies, the company said Thursday.
Toyota first unveiled the research program in July 2016, announcing it would sponsor research to create next-generation technologies for supply chain, logistics, and material handling industry applications.
Dubbed the TMHNA University Research Program, the initiative solicited application proposals from universities across North America, with a promise to grant funding to the most promising ideas. Toyota did not specify the amount of funding awarded.
The program has now announced the first three proposals to win funding:
"These universities have presented projects that can help foster innovation for the growth of our industry and the warehouses of the future," Brett Wood, president and chief executive officer for Toyota Material Handling North America, said in a release. "We look forward to seeing what this funding and collaboration will allow these universities to accomplish, and the positive impacts their research could have on driving the future of our industry."
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