RAYMOND RECEIVES AWARD OF EXCELLENCE AT TOYOTA INDUSTRIES GLOBAL QUALITY CONTROL CIRCLE CONVENTION I

GREENE, N.Y., December 17, 2019 — The Raymond Corporation received an award of excellence at the 5th annual Toyota Industries Global Quality Control (QC) Circle Convention in Aichi, Japan. On November 12, 2019, Toyota Industries Corporation presented Raymond's QC Circle, named Final Destination, with the Award of Excellence, the highest distinction, for its innovations around its QC Circle activity.

The QC Circle Convention aims to improve the capabilities of QC Circle members, a group of workers who do similar work and meet regularly to identify, analyze and solve work-related problems. Convention attendees represented 18 companies, nine countries and a variety of industries, including textile, engine, compressor and L&F. Participants presented how each company continuously controls and improves the quality of their products, services and work.

"It's an honor for Raymond associates to showcase their best-in-class industry skills alongside some of the most reputable companies in the world. The Final Destination team exemplifies Raymond's commitment to producing high-quality solutions while driving efficiency and productivity," said Tony Topencik, senior director, manufacturing operations. "Raymond is dedicated to providing educational, career-building opportunities for its associates, and we look forward to participating in future QC Circle conventions."

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

For more than 95 years, The Raymond Corporation has built a reputation on innovation, quality and service. Raymond® manual and electric forklifts — with the industry's first integrated intelligence — meet a variety of material handling needs and offer advanced end-to-end warehouse solutions that enable operations to run better and manage smarter. This philosophy helps ensure Raymond and its customers are always evolving, always running, always moving ahead — and always on. The portfolio of advanced offerings includes the iWAREHOUSE® fleet management and warehouse optimization system, featuring real-time location tracking; automated lift truck solutions for the warehouse of the future; and the Raymond Virtual Reality Simulator, a supplemental instructional tool that helps customers improve their operations and meet industry labor demands. Raymond also provides industry-leading customer support through a network of skilled technicians and its authorized North American and global Sales and Service Centers. Raymond's work in energy solutions, space utilization, ergonomics, manufacturing quality and fleet optimization — combined with best-in-class products and services — work together to increase efficiency and lower costs throughout material handling operations.

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