Raymond Celebrates 85 Year Anniversary by Focusing on Innovation

Feb. 1, 2007
The Raymond Corporation (Green, N.Y.) is celebrating its 85th anniversary by focusing on the companys history of innovation, starting with the invention

The Raymond Corporation (Green, N.Y.) is celebrating its 85th anniversary by focusing on the company’s history of innovation, starting with the invention of the first hydraulic hand pallet truck in 1934.

“In the past 85 years, population increases and lifestyle changes have put more demand on warehouse and distribution capacity and performance,” said Jim Malvaso, president and CEO. “In response, Raymond has designed increasingly sophisticated lift trucks that help producers and shippers reduce costs, increase throughput, improve order picking selectivity, and store more products in smaller spaces and at greater heights.”

The company got its start in 1922 when George Raymond Sr. purchased Lyon Iron Works, a small foundry in Greene, N.Y. Since then, the company has invented and patented technologies that have become industry standards, such as the hydraulic hand pallet truck, the double-faced pallet, the narrow aisle lift truck and the Reach-Fork truck.

Raymond plans to commemorate its 85th anniversary with industry, customer and employee events throughout the year.