Toyota marks production of 250,000th lift truck
Toyota celebrated the production of its 250,000th lift truck
Toyota executives, including Sonny Toyoda, president of TIEM; Tatsuo Matsuura, executive vice president and chief operating officer of Toyota Material Handling Group and Shankar Basu, president and CEO of Toyota Material Handling, U.S.A., Inc., participated in the ceremony.
The first lift truck rolled off the line at the Columbus facility in 1990. Since then, the plant has grown to nearly 800 associates, increased production more than 10-fold and tripled in physical size.
"Toyota remains committed to serving the North American market," said Basu. "We thank our customers, dealers and associates who have helped Toyota achieve this important milestone."
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey