Toyota Material Handling and The Raymond Corporation Celebrate Opening of Manufacturing Facility

The Raymond Corporation and Toyota Material Handling, two companies within Toyota Material Handling North America (TMHNA), announce the official opening of the Energy Solutions Manufacturing Center of Excellence in Broome County, New York. The facility, managed by The Raymond Corporation, will manufacture lithium-ion batteries, as well as thin plate pure lead battery technology for both Toyota^® and Raymond^® products.

The culmination of many years of hard work, this facility significantly advances Raymond’s manufacturing capabilities and provides expanded workforce opportunities in the Binghamton, New York, area and beyond. Additionally, as a supporter of the New Energy New York initiative, this project builds on the state’s efforts to support next-generation energy resources.

Lithium-ion batteries offer significant benefits, such as avoiding removal from the lift truck, opportunity charging and less intensive maintenance compared with lead-acid batteries. This leads to increased labor efficiency and reduced downtime.

The Energy Solutions Manufacturing Center of Excellence will enable TMHNA to develop a more diverse portfolio of energy solutions as industry demand for electric products continues to grow.

For more information, visit https://www.toyotaforklift.com.