Raymond Unveils New RayBuilt Center of Excellence to Further Support Customer Needs

GREENE, N.Y., June 9, 2017 — The Raymond Corporation unveils the new RayBuilt Center of Excellence located in East Syracuse, New York. The RayBuilt Center of Excellence will remanufacture Raymond® forklifts, including the truck body, as well as the truck's components, including motors, drive units, handles and hoses. In the center, the remanufactured product line will grow to include additional drive units and steer gear motors, Reach-Fork® truck carriage assemblies, and hydraulic pump and motors. New lift chain assemblies will also be cut in the new RayBuilt Center of Excellence. The facility spans more than 40,000 square feet for the remanufacturing area, as well as more than 40,000 square feet for the Raymond leasing division.

"The RayBuilt Center of Excellence products are exclusively supported by The Raymond Corporation, utilizing the exact same engineering specifications and Toyota Production System (TPS) principles as all Raymond manufacturing facilities follow," says Michael Field, CEO at The Raymond Corporation. "The creation of the new RayBuilt Center of Excellence will further support our continued growth, as well as support all our customers' evolving needs with end-to- end solutions — from forklifts to parts to leasing."

RayBuilt has been a division of Raymond since 1991. It has been remanufacturing more than 18,000 components every year, including motors, drive units, handles and hoses. To date, the RayBuilt facility has recycled more than 8 million pounds of core material.

During an open house and ribbon-cutting ceremony for the RayBuilt Center of Excellence on June 9, 2017, Raymond also announced the expansion of its Raymond Parts Division with more than 40,000 square feet being added to its distribution center located on Kirkville Road, East Syracuse, New York.

To learn more about RayBuilt, visit www.raymondparts.com. To learn more about The Raymond Corporation, visit www.raymondcorp.com or call 800-235-7200.

About The Raymond Corporation
The Raymond Corporation is a global provider of end-to-end warehouse solutions, fleet management, forklift training and support to increase efficiency and lower costs throughout material handling operations. Raymond forklifts are engineered to achieve higher performance, enhance operator comfort and increase efficiency. Raymond manufactures a full line of forklift trucks — including reach trucks, pallet jacks, pallet stackers, sit-down and stand-up forklifts, orderpickers and turret trucks. The iWAREHOUSE® fleet management and warehouse optimization system provides solutions to manage industrial vehicle fleets, labor efficiencies and warehouses. Additionally, flexible automation, customized solutions and industry-leading consultation from Raymond further enhance and streamline processes while helping customers to drive down costs. Raymond is a recipient of the 2015 and 2016 Manufacturing Leadership Award from Frost & Sullivan.

####

iWAREHOUSE®, Raymond®, RayBuilt® and Reach-Fork® are U.S. trademarks of The Raymond Corporation.

2017 The Raymond Corporation. All rights reserved.

More Info: https://www.raymondcorp.com/