TOYOTA CHINA READY FOR PRODUCTION

News Story
- 27 Nov 2003 ( #135 ) - KUNSHAN, China
1 min read
Toyota's new Chinese forklift factory is ready to begin production, a move Toyota hopes will bolster its ambition to secure a niche in China.

Despite a relatively small initial investment (USD1.2 million), the factory is a key manufacturing base for Toyota, according to a China Daily report.

"The major reason for us to set up such a facility here is the forklift industry's fast growth and big potential," said Tadashi Ishikawa, Toyota Industries Corporation (TIC) president.

TIC senior managing director Tatsuo Matsuura said the factory entered trials in April and was expected to produce 300 units by the end of this year. Starting with one to three tonne IC forklifts, the factory would see its annual output raised to more than 1,500 units in the next two years.

Toyota said it would further expand its investment in the factory if market response was encouraging. "Our target is to take a 10% market share in China by 2008," Mr Matsuura said.

Chinese-built forklifts would supply the Chinese market through Toyota Material Handling (Shanghai) Co Ltd's dealership network, established this year. The network also distributes Toyota's imported forklifts. The report said demand for forklifts had grown from 23,500 units in 2001 to around 40,000 units this year.
Manitou expands French plant
Manitou expands French plant 14 Sep 2023 - Cande, France - 1 min read
Logisnext breaks ground on Houston electric facility
Logisnext breaks ground on Houston electric facility 31 Aug 2023 - Houston, TX, United States - 1 min read
Shidao makes Hiab hooklifts
Shidao makes Hiab hooklifts 18 May 2023 - Dalian, China - 1 min read
Previously about:
Toyota to buy Tailift News Story - 2 Oct 2014 - Aichi, Japan - 1 min read
TOYOTA: WORLD'S NO. 1 FORKLIFT SUPPLIER Advertisement - 9 Oct 2003 - SYDNEY, Australia - 2 min read
TOYOTA PRODUCTION INTEGRATION DELIVERS News Story - 2 Oct 2003 - NAGOYA, Japan - 1 min read
ALAN launches Hawaii bushfire response News Story - 17 Aug 2023 - Maui, HI, United States - 3 min read
STEF chooses Plug Power solutions News Story - 29 Jun 2023 - Latham, NY, United States - 1 min read
Materials handling industry marks safety day News Story - 15 Jun 2023 - 3 min read
Do you have materials handling news? Submit your news here

PREMIUM business

RAEDER-VOGEL
Innovative high-quality wheels and castors for the forklift industry.

MTC Forklifts b.v. is an international wholesale company specialised in buying & selling forklifts, port equipment & aerial platforms. We deliver worldwide from our yard in the Netherlands. Check these specials:

2015 Doosan D70S-7 | 2017 JCB 540-180 
2015 Hubtex DQ70D | 2013 Konecranes 4531TB5 
2014 Atlet PLP200 | 2009 Linde H40D 
2013 Terberg RT283 | 2015 Unicarriers AS1N1L15H 

CONTACT US!   View our full stock of used machines. 

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

"...Working with Forkliftaction has enabled us to boost engagement with our targeted audience, resulting in an increase in information requests and downloads of valuable materials from our website. Forkliftaction has consistently delivered outstanding results, helping us to effectively connect with the right audience." — Justine Lootens, CEO, GemOne

Learn how Forkliftaction's brand-centred B2B campaign model can boost your advertising.
DOWNLOAD our new Media Kit today.

Inside The News
There could be an against-all-odds movie made about two people in the news this week... Continue reading

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

Forkliftaction's JOB MARKET

Need to source something fast?

Here’s a quick link to the LATEST MACHINE OFFERS

FIND new, used and rental mobile machinery at Machinery-onQ.

Are you a dealer? Ask us about our 2023 dealer package.