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April 5, 2012
Toyota Industries Corporation Invests in
New Lift Truck Manufacturing Plant in Brazil
Image of New Plant   8-Series Internal Combustion Lift Truck
Image of New Plant   8-Series Internal Combustion Lift Truck

KARIYA (Japan) — Toyota Industries Corporation (TICO) announced TICO will build its first lift truck manufacturing plant in the state of Sao Paulo in Brazil. The plant is scheduled to begin production in October 2013.

Currently, TICO has a sales company in the state of Sao Paulo, Toyota Material Handling Mercosur Industria e Comercio de Equipamentos Ltda (TMHM), which provides sales and service of imported lift trucks. The new plant will be established as a manufacturing division of the existing sales company.

As a market leader, TICO provides a full range of lift trucks and other materials handling equipment to customers worldwide. "The addition of the Brazil plant strategically strengthens TICO's capabilities to meet the unprecedented product demands of the emerging Brazilian market. TICO's long-term strategy is to continue to study and establish the best production and distribution structure throughout the world to meet demands of emerging markets," said Kazue Sasaki, senior managing director in charge of TICO's Materials Handling Equipment Division.

"It is a great honor for us to manufacture Toyota brand lift trucks in the great country of Brazil.TMHM will work diligently to deliver the highest quality service, innovation and technology to meet our customers' business needs," said Hiroyuki Ogata, president of TMHM.

[Profile — Brazil Plant]
Location Artur Nogueira, Sao Paulo, Brazil
Start of Production October 2013 (planned)
Total Investment 101 million Brazilian reals
Plant Size
Site area:   Approx. 93,000m2
Building area:   Approx. 31,000m2
Employees Approx. 120 (planned for Oct 2013)
Annual Production Capacity 5,000 units

[Profile — TMHM]
Company Name Toyota Material Handling Mercosur Industria e Comercio de Equipamentos Ltda
Headquarter Location Diadema, Sao Paulo, Brazil
Date of Establishment January 2004
Capital 135 million Brazilian reals (as of March 31, 2012)
Ownership Wholly-owned by Toyota Industries Corporation
Description of Business Manufacture, sales and service of industrial equipment
Employees 322 (as of March 31, 2012)

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