Toyota Forklift once again achieved the number one position as the world’s largest forklift brand in Modern Materials Handling’s Annual Top 20 Lift Truck Suppliers list. Toyota’s worldwide sales totaled $7.7 billion, more than $2 billion higher than the second worldwide brand of forklifts on the list.

To be eligible for Modern’s annual Top 20 lift truck suppliers ranking, companies must manufacture and sell lift trucks in at least one of the Industrial Truck Association’s seven truck classes. Rankings are based on worldwide revenue from powered industrial trucks during each company’s most recent fiscal year.

“We are committed to expanding our product line to provide customers with material handling products and services to fit their needs,” said President Jeff Rufener. “Our product innovation and dedication to customers, dealers and associates is why we remain the top forklift brand year after year.”

Toyota introduced several new products to its customers and dealers this year, including a new Reach Truck, a new 80-Volt Electric and a High-Capacity IC forklift. The recent product launch culminates months of product development, with eight new Toyota models and services introduced in the last two years.

About Toyota Industrial Equipment

Proudly manufactured in the United States, Toyota Industrial Equipment offers a full line of material handling solutions including forklifts, automated guided vehicles, fleet management services and tow tractors. Toyota’s commitment to quality, reliability and customer satisfaction, the hallmark of the Toyota Production System, extends throughout more than 220 locations in North America.

About Peerless Media and Peerless Research Group

Peerless Media produces industry-leading publications and websites - Modern Materials Handling, Logistics Management, Supply Chain Management Review and Material Handling Product News - for the supply chain, logistics and materials handling markets. As a division of Peerless Media, Peerless Research Group specializes in marketing and media research solutions for materials handling, logistics and supply chain marketers.