Peerless Media Network recently released its Annual Top 20 Lift Truck Suppliers list, which ranks forklift brands based on worldwide sales. Toyota was once again named as the #1 supplier for the 17th consecutive year.
Toyota Industries Corporation captured the top spot with a 16.7 percent increase to surpass the $13 billion mark as it sold 282,000 units.
“Toyota Forklifts is customer-driven. We are committed to safety, reliability and low cost of ownership,” said Jeff Rufener, President & CEO of Toyota Material Handling. “Our focus on those things keep Toyota in the industry-leading position in a highly competitive global forklift marketplace.”
In order to receive consideration for the Top 20 Lift Truck Suppliers ranking released by Modern Materials Handling each year, companies must manufacture and sell forklifts in at least one of the seven Industrial Truck Association’s (ITA) truck classes. The forklifts manufactured and sold by Toyota are in six of those classes.