TICO and TMC consolidate engine production

News Story
- 4 Dec 2014 ( #696 ) - Tokyo, Japan
1 min read
TICO and TMC will develop and produce diesel engines under one roof.
TICO and TMC will develop and produce diesel engines under one roof.
After announcing the establishment of a new global finance firm last month (Forkliftaction.com News #692), Toyota Industries Corp (TICO) and Toyota Motor Corp (TMC) will consolidate their joint diesel engine development and production under the control of TICO.

The move is expected to strengthen the competitiveness of both companies by bringing the development and production of diesel engines under one roof and enabling more efficient allocation of resources.

The separate diesel engine development functions will be gradually consolidated under the control of TICO, which will also be responsible for the production of all new diesel engines in the future.

Toyota says in addition to creating a more efficient business structure, this will also help to deepen the expertise of TICO in the development and production of more competitive automotive diesel engines.

By adding automotive diesel engine technology to its forklift engine and industrial machinery fields, TICO aims to both expand the scale of its business and improve the efficiency of its development work.
Kalmar reaches production milestone
Kalmar reaches production milestone 1 Jun 2023 - Shanghai, China - 1 min read
JLG expands production capacity in Tennessee
JLG expands production capacity in Tennessee 25 May 2023 - McConnellsburg, PA, United States - 1 min read
Sany Europe produces telehandler for USA
Sany Europe produces telehandler for USA 20 Jan 2022 - Bedburg, Germany - 1 min read
Previously about:
Toyota suspends diesel, petrol models News Story - 20 Apr 2023 - Kariya, Japan - 3 min read
Double-digit sales growth for Asian manufacturers News Story - 13 Feb 2014 - Tokyo, Japan - 1 min read
Cascade underscores commitment to confidentiality News Story - 26 Sep 2013 - Fairview, OR, United States - 3 min read
Do you have materials handling news? Submit your news here

PREMIUM business

Ningbo Ruyi Joint Stock Co., Ltd.
Manufacturer of forklifts, power stackers & pallet trucks.

With LogiMAT 2024 wrapped up, Forkliftaction is the place to catch up on all the highlights and product news from the show.

See the exhibitor highlights in our LogiMAT gallery,

Read our exclusive three-part LogiMAT 2024 coverage:
- Safety front of mind at LogiMAT
- Many paths to automation at Logimat
- Lower emissions a major focus at LogiMAT 

Words of support …

Undoubtedly, peer experience plays a crucially important role in our industry and it is extremely valuable for us to be part of the platform, where industry professionals, as well as end users can discuss and learn more about the materials handling world.

Alexandra Artemova, Marketing Specialist - Rocla AGV Solutions

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

“I really enjoy your newsletter and share the articles with all my training team for industry currency. I also print and display specific articles on forklift safety and accidents on our notice board for all the learners who attend our training courses to read...”

Gavin Trim - CEO, High Risk Work Licence Assessor, Mechanical Handling Equipment Specialist - Nationwide Training

Thanks Gavin for sharing your experience with Forkliftaction

Inside The News
This week we explore the various energy sources available for forklifts and other material handling equipment that were showcased at LogiMAT in Stuttgart... Continue reading

PREMIUM business

Lift Tek Elecar
Global leader in the design and manufacture of masts, carriages, integral sideshifters & fork positioners.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

PREMIUM business

BSL New Energy Technology Co., Ltd
BSLBATT - practical expertise and excellent design in the industrial lithium-ion battery market.

Are you recruiting? Find your ideal candidate among a diverse range of materials handling professionals:

Forkliftaction's JOB MARKET

CeMAT Southeast Asia is coming to Singapore EXPO, Singapore on May 15-17, 2024. Register for free and experience the leading global trade show for intralogistics, materials handling and supply chain management.

Be sure to also register for LogiSYM Asia Pacific and LogiSYM Cold Chain 2024 to experience a conference schedule packed with experts and decision-makers from your industry.

Register Now!