Current business
Toyota Industries is active in five business areas: automotive, materials handling, electronics, logistics, and textile machinery.
Toyota-branded forklifts from Toyota Industries share the same logo as Toyota automobiles from Toyota Motor Corporation and are manufactured at the Toyota Material Handling Inc. (TMH), previously known as Toyota Industrial Equipment Manufacturing (TIEM), facility in Columbus, Indiana, for the US market.
Toyota Material Handling USA (TMHU) was formally a separate company, breaking out dealer and sales divisions of the North American business. Toyota Industrial Equipment Manufacturing (TIEM) was formally focused on engineering, manufacturing and responsible for the daily production of forklifts. In 2018, these two divisions merged, combining the sales and manufacturing business functions into one business entity, now known as Toyota Material Handling Inc. (TMH).
Toyota Industries Corporation is under contract from Toyota Motor Corporation for the production and assembly of the Toyota RAV4 vehicles. The company manufactures automotive engines for use in Toyota-branded automobiles such as Avensis, Corolla, Crown, and Land Cruiser.
In 2000, Toyota Industries acquired the Swedish-based forklift truck corporation BT Industries, alongside BT's subsidiaries The Raymond Corporation and CESAB.[13] Combined with Toyota Industries' materials handling division, this created the largest forklift company in the world, Toyota Material Handling Corporation.
In October 2012, Toyota Industries acquired Cascade Corp., a maker of attachments for forklifts, for a price of $728 million.[14]
In 2017, Toyota Industries acquired Bastian Solutions[11], a warehouse automation company, and Vanderlande, a manufacturer of automated material handling equipment, mostly for airports.[15]
In 2021, Toyota Industries formed T-Hive as TICO's solution for autonomous vehicle (AV) software solutions. The newly formed group focuses on warehouse, manufacturing, and airport logistics automation through AV's.[16]
In 2022, Toyota Industries acquired viastore, a provider of intralogistics systems, intralogistics software and supporting services.[17]
Looms
In 2024, Toyota Industries was manufacturing two state-of-the-art looms: the JAT910 (air-jet loom) and LWT810 (water-jet loom).[7] Both looms operate without shuttles. The water jet loom throws the weft through the warp threads using water, and thus can only be used with synthetic fibers. The air jet loom uses air to throw the weft, and thus can be used with any fiber.
