European-Based Subsidiaries TMHMS and TMHMF Mark 70 and 20 Years of Business Respectively
[Translation]
Two European subsidiaries of Toyota Industries Corporation (“Toyota Industries”), Mjolby-based Toyota Material Handling Manufacturing Sweden AB (“TMHMS”) and Ancenis-based Toyota Material Handling Manufacturing France SAS (“TMHMF”), manufacturer's of materials handling equipment, recently celebrated their 70 year and 20 year anniversaries, respectively.
TMHMS and TMHMF support the world's largest market of materials handling equipment and have been historically significant to the development of material handling business industry.
A commemorative ceremony was held on August 31 for TMHMS and on September 2 for TMHMF. Toyota Industries Executive Vice President, Kazue Sasaki made a congratulatory speech emphasizing the importance of TMHMS and TMHMF working together as one team and to focus efforts on future development and expansion.
Each ceremony contents are as below
| TMHMS | TMHMF | |
| Event 1 | 70th anniversary celebration of establishment - 80 members attendance - History movie - Speech by Governor, Sasaki EVP - Donation to Swedish Childhood Cancer Foundation |
20th anniversary celebration of business - All employee and involved people 470 members attendance - Speech by Mayor, Sasaki EVP - Gift (Forklift) to NPO |
| Event 2 | Family day invited by employee's family - History movie - Factory tour - Dinner |
Family day invited by employee's family - Lunch - Event (Origami and Calligraphy of Japanese culture, Magic show) |
Toyota Industries materials handling business is represented on a global scale. Going forward, Toyota Industries is committed to the stable supply of high-quality products and services to customers around the world.
<Corporate Profile>
1.TMHMS
| 1) | Company Name | :Toyota Material Handling Manufacturing Sweden AB |
| 2) | Established | :1946 |
| 3) | Operation Start | :1948 |
| 4) | Location | :Mjolby, Sweden |
| 5) | Representative | :Kristian Bjorkman |
| 6) | Business Activities | :Manufacturing and sales of materials handling equipment |
| 7) | Capital | :11 Million Swedish Krona |
| 8) | Production units | :103,000 units (2015 result) |
| 9) | Employees | :1,749 (As of March 31 2016) |
| 10) | Other | :Subsidiary of former BT Industries AB acquired by Toyota Industries in 2000 |
2.TMHMF
| 1) | Company Name | :Toyota Material Handling Manufacturing France SAS |
| 2) | Established | :1995 |
| 3) | Operation Start | :1996 |
| 4) | Location | :Ancenis, France |
| 5) | Representative | :Philippe Mahe |
| 6) | Business Activities | :Manufacturing and sales of materials handling equipment |
| 7) | Capital | :9 Million Euro |
| 8) | Production units | :9,000 units(As of March 31 2015) |
| 9) | Employees | :460(As of March 31 2016) |
| 10) | Other | :First production site established in Europe by Toyota Industries (Company name changed in 2016 from Toyota Industrial Equipment, S.A.) |