Toyota Industries North America Inc. has entered into an agreement to acquire the assets of Hoist Liftruck Mfg. LLC. The new company will be Hoist Material Handling, Inc.
Hoist Material Handling will be led by Vice President and General Manager Dan Kossow, Vice President of Engineering Bob Miller, Vice President of Sales Stu Jacover and Vice President of Operations Ryan Delaney.
Delaney, who spent the last six years as director of quality for Raymond Corp., will join Hoist in East Chicago reporting to Tony Miller, Senior Vice President of Operations and Engineering for Toyota Industrial Equipment Manufacturing.
Headquartered in East Chicago, with a 550,000-square-foot factory, Hoist manufactures heavy-duty cushion tire and pneumatic forklifts, reach stackers, container handlers and more, ranging in lift capacity from 7 to 57 tons. Toyota has an original equipment manufacturer agreement with Hoist to manufacture large capacity forklifts under the Toyota Heavy Duty brand since 2015.
For more information, visit ToyotaForklift.com.
