Toyota Material Handling, U.S.A. Buys Major Dealership

Toyota Material Handling, U.S.A., Inc. (TMHU, Irvine, Calif.) announced the acquisition of ProLift Industrial Equipment Co., LLC, (Louisville, Ky.) one of Toyota’s more successful lift truck dealerships. ProLift has branches in Evansville, Ind.; Cincinnati, Ohio; Lexington, Ky.; Dayton, Ohio; Elkins; W. Va. and Indianapolis, Ind. The new company, Toyota Material Handling Midwest, Inc., will do business as ProLift Industrial Equipment, with no change in support or staffing.
“ProLift Industrial Equipment is one of Toyota’s strongest dealerships with over 20 years experience,” said Shankar Basu, president and CEO of TMHU. “This purchase will ensure Toyota’s continued representation in the region and offer continued support to ProLiftís customers.”
TMHU entered into this agreement to facilitate succession planning for ProLift. ProLift has one of the most extensive track records of success of all the Toyota dealerships, earning the prestigious President's Award and its predecessor, the Quality Dealer Award, 14 times since 1990. ProLift’s key executives and management will remain and continue to manage the business on behalf of TMHU for the foreseeable future.
Source: Toyota Material Handling, U.S.A.