Toyota Material Handling North America and The Raymond Corporation Expand Energy Solutions Operations in Broome County

Aug 15, 2024
Raymond Press Release

TMHNA and The Raymond Corporation’s continued success and expansion in Broome County is a prime example of the expanding industrial ecosystem in the Southern Tier.

The Raymond Corporation, a leader in material handling equipment and intralogistics solutions, continues to deepen its roots in the Southern Tier of New York. Through Toyota Material Handling North America (TMHNA), comprised of two main companies Toyota Material Handling, Inc. and The Raymond Corporation, an advanced energy storage manufacturing facility will be established, bringing growth in this sector along with job opportunities.

The facility will be a vital extension of Raymond’s existing energy solutions manufacturing operations located in Greene, New York, and will provide support to its material handling customers growing needs. This expansion marks another milestone in Raymond’s more than century-long history in the region, underscoring the company’s ongoing commitment to innovation, job creation, and community investment in Broome County and national delivery of solutions.

TMHNA and The Raymond Corporation’s continued success and expansion in Broome County is a prime example of the expanding industrial ecosystem in the Southern Tier.

TMHNA and The Raymond Corporation will hold a grand opening and ribbon-cutting on September 9, 2024, at their new energy solutions manufacturing facility located at 196 Corporate Drive in Kirkwood, New York.

"With the support of TMHNA, we are thrilled to have the opportunity to expand our energy solutions operations in Broome County with the establishment of this new advanced manufacturing facility," said Jennifer Lupo, vice president of energy solutions, supply chain & leasing, The Raymond Corporation. "This facility will focus on producing cutting-edge energy solutions, including lithium-ion batteries and TPPL, a next generation lead acid battery solution, to meet the growing demands of our customers. We look forward to celebrating this milestone with the community at our September ribbon-cutting ceremony. Our commitment to innovation, job creation, and community investment remains as strong as ever."

“The Raymond Corporation is a global leader in the manufacture of material handling products, successfully operating in Chenango County for over 100 years. I am thrilled that they have decided to expand their operations into Broome County with a new advanced energy storage manufacturing facility. This expansion complements the nation-leading battery technology work being done in our region, and further solidifies Raymond Corporation's commitment to innovation and job creation. Thank you to TMHNA and the Broome County IDA for helping make this happen,” said Assemblywoman Donna Lupardo.

“I'm happy to learn of the expansion of the Raymond Corporation into Kirkwood, New York. Its energy solutions manufacturing operation in Broome County will bring jobs to the community and help boost the economy. Raymond Corporation has been a well-known staple industry in Greene, NY for over a century. It is always a good day when a local industry expands its business in our community,” said Assemblyman Joseph Angelino.

“We are thrilled to see The Raymond Corporation continue to grow and invest in our region,” said Stacey Duncan, Executive Director of the Broome County IDA. “Raymond’s expansion not only enhances its operational capabilities but also strengthens the economic vitality of Broome County. The acquisition of these new facilities is a testament to the company’s confidence in the Southern Tier as a hub for manufacturing.”

“We are excited to welcome The Raymond Corporation to Broome County and are grateful for their decision to expand here, bringing new jobs, cutting-edge technology, and a boost to our local economy. Raymond’s expansion is a strong vote of confidence in our community, and we look forward to supporting their growth and success for years to come,” said County Executive Jason Garnar.

About Toyota Material Handling North America
Toyota Material Handling North America (TMHNA), the industry leader in forklift sales, is composed of two main group companies: Toyota Material Handling, Inc. and The Raymond Corporation. One in three forklifts sold in North America is either a Toyota or Raymond product. With nearly 2.5 million square feet of manufacturing space, TMHNA is composed of five manufacturing plant locations: Columbus, Indiana; Greene, New York; Muscatine, Iowa; East Chicago, Indiana and Oakville, Ontario, Canada that produce racking products and more than 1,500 forklifts per week. With an annual revenue of over $4 billion, TMHNA has more
than 15,000 associates and more than 300 dealer locations to support Toyota and Raymond customers throughout North America.

About Toyota Material Handling
Toyota Material Handling offers material handling products and solutions, including forklifts, reach trucks, order pickers, pallet jacks, container handlers, automated guided vehicles, and tow tractors, along with aerial work platforms, fleet management services, and advanced automation engineering and design. Toyota’s commitment to quality, reliability and customer satisfaction, the hallmark of the Toyota Production System, extends throughout more than 230 locations across North America. With access to an industry-leading lineup of material handling products, Toyota dealers are uniquely positioned to help solve wide-ranging challenges in warehousing and distribution. Built for every application, Toyota can provide the most complete set of solutions for material handling, automation, energy, advanced logistics, and warehouse optimization. For more information or to learn more, visit ToyotaForklift.com.

About The Raymond Corporation
The Raymond Corporation, a member of the Toyota Industries family of companies, is a leading global provider of best-in-class material handling products and intelligent intralogistics solutions. Built on principles of innovation and continuous improvement for over 100 years, Raymond’s integrated automation, telematics, virtual reality and advanced energy solutions provide ways to optimize operations and bring warehouse and distribution operations to a new level of performance. Raymond® electric forklift trucks are engineered to achieve increased productivity and efficiency and are designed to provide ecological and economic benefits. Raymond delivers solutions to material handling and logistics markets in North America and globally. Combining operational excellence, award-winning innovation and world-class global customer support, we work together to run better, manage smarter and keep our customers always on. For more information, visit raymondcorp.com and follow us on Facebook, YouTube, and LinkedIn.


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