The Story of Sakichi Toyoda
Sakichi Toyoda, the founder of Toyota Industries Corporation, possessed a strong ambition to contribute to society from his days as a youth. He had devoted his 63-year-long life to invention.
Takahama Plant starts operations, producing industrial vehicles.
FBR10/15 reach truck (stand-up type) introduced.
Divisional organization system introduced (head office, Textile Machinery, Industrial Vehicle, Vehicle and Obu Plant).
Toyoda-Sulzer Manufacturing Ltd. established as a joint venture with Sulzer Brothers, Ltd. of Switzerland to manufacture projectile looms.
Industrial vehicle production reaches 100,000 units.
Corolla (van) production starts.
Lift truck with built-in headguard production starts.
Industrial vehicle monthly output reaches 3,000 units.
6P (6-cylinder swash plate) compressor production starts.
Car air-conditioning compressor production reaches 1 million units.
Compressor Department set up.
Nagakusa Plant monthly output reaches 10,000 units.
Compressor Division separates from Textile Machinery Business Division.
Swash plate compressor technology licensed to Chrysler and Ford.
JOBSUN skid steer loader introduced.
Starlet (automobile) production starts.
FBE model Narrow Ace, three-wheeled electric counterbalanced lift truck introduced, a first among domestic manufacturers.