With the integration of Toyota Material Handling and The Raymond Corporation now complete, Toyota Material Handling North America introduces a leadership team to guide North America’s top material handling brands.
COLUMBUS, Ind., April 7, 2025 /PRNewswire/ — Toyota Material Handling North America (TMHNA) announces the five senior executives who will lead the organization’s next chapter, following the formal integration of Toyota Material Handling and The Raymond Corporation under the unified TMHNA name.
The integration, finalized on April 1, unifies two industry-leading brands under the TMHNA banner, enhancing the company’s ability to deliver comprehensive material handling solutions across North America. Both the Toyota and Raymond brands will maintain their unique identities, ensuring continuity and strengthening customer relationships.
Brett Wood will continue to serve as TMHNA’s President & CEO, in addition to his current role as Senior Executive Officer for TMHNA’s parent company, Toyota Industries Corporation (TICO).
“This is a historic day for our company, customers, dealers, and associates,” Wood said. “This milestone marks a significant step in TMHNA’s long-term strategy to enhance operational efficiency and innovation. Our vision is to continue to lead the material handling industry with solutions for our customers’ evolving challenges. This integration gives us the opportunity to leverage the best people, processes, and products into one unified organization for the benefit of our customers.”
These enhancements will improve efficiency, expand production capacity, and reinforce TMHNA’s commitment to kaizen – or continuous improvement. Alongside Wood, TMHNA’s senior leadership team includes:
This integration is rooted in growth, not consolidation. TMHNA is committed to investing in its workforce – which includes over 16,000 associates – and facilities to drive innovation and better serve its customers. Recently, the company has invested $50 million in facility upgrades and advanced equipment at its plants in Greene, New York, and Muscatine, Iowa.
Additionally, in 2024, Toyota announced the investment of nearly $100 million to build a new 295,000-square-foot factory at its North American headquarters in Columbus, Indiana. This state-of-the-art factory, set to open in 2026, will produce electric material handling equipment to help reduce product lead times, add manufacturing flexibility, and support the company’s long-term sustainability goals.
Today, one in three forklifts sold in North America is either a Toyota or Raymond product, a testament to the company’s industry leadership.
“I couldn’t be more excited about the people we have in place to lead our new organization,” Wood said. “All four of these leaders are the very best at what they do, and they are driven by our foundational values of continuous improvement and respect for people. Most importantly, our entire Toyota team will always do what is best for our customers, dealers, and associates. I am confident that our incredible team will help elevate TMHNA to new heights.”
Learn more about the Toyota Material Handling North America leadership team here.
About Toyota Material Handling North America
Toyota Material Handling North America (TMHNA), the industry leader in forklift sales, is composed of two main group companies: Toyota Material Handling, Inc. and The Raymond Corporation. One in three forklifts sold in North America is either a Toyota or Raymond product. With nearly 2.5 million square feet of manufacturing space, TMHNA is composed of four manufacturing plant locations: Columbus, Indiana; Greene, New York; Muscatine, Iowa; and East Chicago, Indiana, that produce more than 1,900 forklifts per week. With an annual revenue of over $6 billion, TMHNA has more than 16,000 associates and nearly 300 dealers and solutions and support centers to support Toyota and Raymond customers throughout North America.
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SOURCE Toyota Material Handling North America (TMHNA)