Toyota Rallies Help for Japan

March 23, 2011
Toyota Industries Corporation (TICO), the parent company of Toyota Material Handling U.S.A., Inc. (TMHU), is donating approximately $1.2 million to provide relief support for victims and reconstruction assistance to Japan in the aftermath of the earth quakes and tsunami

Toyota Industries Corporation (TICO), the parent company of Toyota Material Handling U.S.A., Inc. (TMHU), is donating approximately $1.2 million to provide relief support for victims and reconstruction assistance to Japan in the aftermath of the earth quakes and tsunami. The aid is being delivered with the help of Japan Platform, an international emergency humanitarian aid organization.

Aid is also being provided in the following ways:

• TICO is providing relief supplies, including: forklifts, skid steer loaders, food, water, blankets, batteries, gloves and self-care items.
• TMHU and Toyota Industrial Equipment Mfg., Inc. (TIEM), the U.S. forklift manufacturing plant for Toyota, are matching donations to the American Red Cross made by their associates.
• TMHU has provided an avenue for its U.S. forklift dealers to support the American Red Cross or make donations to assist their fellow forklift dealers in Japan.
• Toyota Motor Corporation donated $3.75 million to the Japanese Red Cross for relief efforts.

There were no damages to any of the Toyota Industries Corporation (TICO) plants in Japan. Although the Takahama plant, TICO’s forklift plant, was closed March 11-18th, production recommenced March 21st. TICO says it will continue to monitor the situation, however.

Toyota Industrial Equipment Mfg., Inc. (TIEM), located in Columbus, Ind., produces the majority of Toyota lift trucks sold in North America and continues to operate a normal production schedule. Overtime has been discontinued. Some parts shipments from Japan to TIEM may be impacted by the disaster, however, many of the parts used on TIEM-built Toyota lift trucks are sourced locally from U.S. suppliers. Toyota continues to monitor the situation and will develop countermeasure plans to minimize the impact on its business if necessary.

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