TOYOTA MATERIAL HANDLING NORTH AMERICA LAUNCHES

TMHNA UNIVERSITY RESEARCH PROGRAM

COLUMBUS, Ind. — (July 18, 2016) — Toyota Material Handling North America (TMHNA) announces the TMHNA University Research Program, a new sponsored research program created to drive the next generation of technology for the entire supply chain, logistics and material handling industry. The new program is accepting proposals via the website, www.UniversityResearchProgram.com, through Aug. 31, 2016.

Through the program, TMHNA is seeking research proposals from full-time professors or researchers at North American universities. The mission of the TMHNA University Research Program is to encourage and support professors and researchers applying their knowledge of engineering and technical fields to the supply chain, logistics and material handling industry.

“It’s exciting to see the innovative and dynamic products our industry consistently introduces to the supply chain world. We created this program to foster more innovation for the growth of our industry,” said Brett Wood, president and chief executive officer for Toyota Material Handling North America. “The goal of the new TMHNA University Research Program is to draw synergies and collaboration between collegiate research and TMHNA, enhancing our mission to provide our customers with smarter, more efficient, effective solutions.”

Proposals will be evaluated on their impact on the future of supply chain, logistics or material handling, as well as the planning and feasibility of the timeline and budget. After Aug. 31, 2016, TMHNA will evaluate the submissions and may choose multiple proposals as finalists. Professors or researchers with selected proposals will be notified by Oct. 1, 2016, with projects starting in November 2016.

For more information about the TMHNA University Research Program, visit www.UniversityResearchProgram.com.

About Toyota Material Handling North America. (TMHNA)

Toyota Material Handling North America (TMHNA), the industry leader in forklift sales, is composed of three main group companies: Toyota Material Handling U.S.A., Inc.; Toyota Industrial Equipment Mfg., Inc.; and The Raymond Corporation. One in three forklifts sold in North America is either a Toyota or Raymond product. With more than 1.5 million square feet of manufacturing space, TMHNA is composed of three manufacturing plant locations (Columbus, Indiana; Greene, New York; and Muscatine, Iowa) that produce 1,500 forklifts per week on average, with parts distribution locations in Syracuse, New York, and Columbus, Indiana, with more than 3 million service parts available. With an annual revenue of approximately $3 billion, TMHNA has more than 8,000 people and more than 300 dealer locations to support Toyota and Raymond customers throughout North America.

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© Copyright 2016 Toyota Material Handling North America, Toyota Material Handling U.S.A., Inc.; Toyota Industrial Equipment Mfg., The Raymond Corporation, University Research Program