Toyota Material Handling North America Invests in Advanced Charging Technologies

Toyota Material Handling North America (TMHNA), comprised of the Raymond Corporation and Toyota Material Handling brands, is making a strategic investment in Advanced Charging Technologies (ACT).

ACT, a long-standing provider of charging solutions to both Raymond and Toyota, develops advanced battery charging technologies for the material handling industry. Through this investment, ACT will continue to serve TMHNA’s distribution network and expand its reach as a preferred provider of next-generation energy solutions.

As part of the investment, TMHNA will gain representation on ACT’s board of directors. Brett Wood, President and CEO of TMHNA, will serve on the board to help guide strategic direction and accelerate shared growth opportunities.

The investment marks another step in TMHNA’s long-term strategy to lead the industry in electrification, sustainability and innovation, building on its commitment to delivering cutting-edge technologies and energy storage solutions to its customers globally.

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