Toyota Industries

Toyota Industries Corporation announces a strategic investment in Gideon for new vision based automated vehicle solutions

Retrieved on: 
Thursday, September 5, 2024
Hive, AMR, Intelligence, Algorithm, Partnership, Automation, Behavior, Toyota Industries, TICO

ZAGREB, Croatia, Sept. 5, 2024 /PRNewswire/ -- Toyota Industries Corporation (TICO), including Toyota Material Handling Group and Toyota Automated Logistics Group, the market leading provider of material handling solutions, and Gideon, have signed an investment agreement with immediate effect.

Key Points: 
  • ZAGREB, Croatia, Sept. 5, 2024 /PRNewswire/ -- Toyota Industries Corporation (TICO), including Toyota Material Handling Group and Toyota Automated Logistics Group, the market leading provider of material handling solutions, and Gideon, have signed an investment agreement with immediate effect.
  • For TICO, this strategic partnership and investment creates possibilities to simplify automated vehicle systems through standardization, reduced deployment times and increasing flexibility, adaptability and scalability.
  • TICO's global autonomous vehicle software house, T-Hive, will have a leading role in applying and leveraging Gideon's technology within specific areas of TICO's global automated vehicle portfolio.
  • TICO already holds a strong position in automated vehicles, but this strategic investment underlines our commitment to delivering market leading mobile automation."

Toyota Material Handling Japan and Fujitsu launch Japan's first service for evaluating forklift safety in the cloud using AI

Retrieved on: 
Tuesday, July 23, 2024
Toyota Industries, Data analysis, AI, Internet of things, Human, Movement, Environment, Fujitsu, Safety, Medical device

Aichi, Japan, July 23, 2024 - (JCN Newswire) - Today, Toyota Material Handling Japan (TMHJ), a division of Toyota Industries Corporation and Fujitsu Limited (Fujitsu) announced a joint development of the Japan's first service (1).

Key Points: 
  • Aichi, Japan, July 23, 2024 - (JCN Newswire) - Today, Toyota Material Handling Japan (TMHJ), a division of Toyota Industries Corporation and Fujitsu Limited (Fujitsu) announced a joint development of the Japan's first service (1).
  • The AI Forklift Driving Analysis service evaluates the safety of forklift driving in the cloud, combining TMHJ's logistics expertise with the AI service Fujitsu Kozuchi on Fujitsu Data Intelligence PaaS.
  • The AI Forklift Driving Analysis service uses Fujitsu Kozuchi to streamline safety driving evaluation tasks and support safety training.
  • Fujitsu provides the AI service Fujitsu Kozuchi on Fujitsu Data Intelligence PaaS, the data and AI-powered operations platform of Fujitsu Uvance, which leverages data and AI.

UNIVERSITY RESEARCH PROGRAM NOW ACCEPTING RESEARCH PROPOSALS TO SUPPORT ADVANCEMENT IN MATERIAL HANDLING TECHNOLOGY

Retrieved on: 
Tuesday, July 9, 2024
Engineering, Automation, Toyota Industries, Virtual reality, Robotics, VR, Research

GREENE, N.Y., July 9, 2024 /PRNewswire/ -- The University Research Program is now accepting proposals for the next cycle of funding through Oct. 31, 2024. The Raymond Corporation, a member of the Toyota Industries family of companies, continues to sponsor the University Research Program, which was created to encourage and support professors and student researchers to apply their engineering and technical research to discover innovative solutions for the material handling industry.

Key Points: 
  • GREENE, N.Y., July 9, 2024 /PRNewswire/ -- The University Research Program is now accepting proposals for the next cycle of funding through Oct. 31, 2024.
  • The sponsored research program is in its seventh cycle of accepting applications for grant funding that can reach up to $500,000.
  • Selected proposals may receive total financial support of up to $250,000 for one year of research.
  • Accepting proposals from North American universities, the University Research Program will evaluate research proposals on several criteria, including innovation, feasibility and potential future commercial application.

Boosting Growth Investment to Power Mobility Company Transformation Toyota-AISIN Capital Ties Revised

Retrieved on: 
Thursday, June 27, 2024
Happiness, Intelligence, Toyota Industries, Growth, Sale, Element, Toyota Group, Culture, Automotive industry

This is a revision of capital ties aimed at the growth of the Toyota Group, an initiative that has been underway since last year.

Key Points: 
  • This is a revision of capital ties aimed at the growth of the Toyota Group, an initiative that has been underway since last year.
  • By effectively leveraging funds obtained through the sale, Toyota believes it can boost capital efficiency and achieve further growth for the Group, while maintaining the capital ties that have sustained a strong relationship.
  • Toyota plans to use the generated capital to make growth investments focused on electrification, intelligence, and diversification initiatives.
  • The Group will continue to create its optimum formation as a mobility company and work as one to maintain and improve its competitiveness.

Third Wave Automation to Showcase Live Demo of Autonomous Forklifts at Modex 2024

Retrieved on: 
Thursday, March 7, 2024
Eclipse, Software, C. H. Robinson, Robotics, RaaS, Eric Schmidt, Artificial intelligence, Average cost, TWA, ROI, 3D, Norwest Venture Partners, Human, Safety, Robot, Software engineering, Automation, Emerging technologies, Movement, CIO, Toyota Industries, Woven Planet Holdings, Warehouse

UNION CITY, Calif., March 7, 2024 /PRNewswire/ -- Third Wave Automation, provider of autonomous forklifts powered by Shared Autonomy, today announced that it will provide a live demonstration of its autonomous TWA Reach forklifts and introduce the TWA Extended Reach forklift at Modex 2024, March 11-14 in Atlanta. With its Shared Autonomy platform, Armada fleet management system and multi-mode forklifts deployed commercially, Third Wave Automation enables warehouse operators to address labor challenges and improve safety, while achieving an immediate return on investment (ROI).

Key Points: 
  • UNION CITY, Calif., March 7, 2024 /PRNewswire/ -- Third Wave Automation , provider of autonomous forklifts powered by Shared Autonomy, today announced that it will provide a live demonstration of its autonomous TWA Reach forklifts and introduce the TWA Extended Reach forklift at Modex 2024 , March 11-14 in Atlanta.
  • During Modex 2024, Third Wave Automation will put the TWA Reach in action, showcasing real-world applications of artificial intelligence (AI) and robotics for autonomous forklifts in a warehouse scenario.
  • Third Wave Automation is a pioneer in materials handling automation, bringing its AI platform and shared autonomy technology to autonomous forklifts.
  • To learn more about Third Wave Automation and see the live demo, visit Modex booth C2585 in Building C, Level 1 .

TMC Strengthens Battery Production Capabilities

Retrieved on: 
Wednesday, March 6, 2024
Acquisition, Bev, BEV, Panasonic, Carbon, TMC, Toyota Industries, HEV, Automotive industry

Toyota City, Japan, Mar 6, 2024 - (JCN Newswire) - Toyota Motor Corporation (TMC) has agreed with Panasonic Holdings Corporation (Panasonic HD) to make Primearth EV Energy Co., Ltd. (PEVE) a wholly owned subsidiary in order to strengthen its capabilities in mass-producing automotive batteries.

Key Points: 
  • Toyota City, Japan, Mar 6, 2024 - (JCN Newswire) - Toyota Motor Corporation (TMC) has agreed with Panasonic Holdings Corporation (Panasonic HD) to make Primearth EV Energy Co., Ltd. (PEVE) a wholly owned subsidiary in order to strengthen its capabilities in mass-producing automotive batteries.
  • Toyota will continue collaborating with these companies in battery mass production and development.
  • The company's shift into mass-producing a wide variety of electric vehicle batteries will enable Toyota to respond flexibly to growing battery demand, while also helping to further boost mass-production competitiveness.
  • More competitive batteries will enhance the appeal of Toyota's electric vehicle offerings and contribute to achieving carbon neutrality through a multi-pathway approach.

Certification Irregularities at Toyota Industries

Retrieved on: 
Monday, January 29, 2024
Daihatsu, TICO, Car, Certification, Software, Toyota Industries, Safety, Écu, Automotive industry

Toyota City, Japan, Jan 29, 2024 - (JCN Newswire) - Today, Toyota Industries Corporation (TICO) reported to Toyota Motor Corporation (Toyota), which had commissioned TICO to develop diesel engines for automobiles, that it received a report from the special investigation committee (chaired by Mr. Hiroshi Inoue) that was commissioned to investigate potential irregularities of certification regulations related to inappropriate domestic emissions certification of engines for forklifts and construction machinery.

Key Points: 
  • Toyota City, Japan, Jan 29, 2024 - (JCN Newswire) - Today, Toyota Industries Corporation (TICO) reported to Toyota Motor Corporation (Toyota), which had commissioned TICO to develop diesel engines for automobiles, that it received a report from the special investigation committee (chaired by Mr. Hiroshi Inoue) that was commissioned to investigate potential irregularities of certification regulations related to inappropriate domestic emissions certification of engines for forklifts and construction machinery.
  • The investigation found that irregularities occurred during the horsepower output testing for the certification of three diesel engine models for automobiles that Toyota had commissioned to TICO.
  • We consider the appropriate process of certification to be a major prerequisite for doing business as an automobile manufacturer.
  • We recognize the gravity of the fact that the repeated certification irregularities at TICO, following those at Daihatsu, have shaken the very foundations of the company as an automobile manufacturer.

Boosting Growth Investment to Power Mobility Company Transformation Toyota-DENSO Capital Ties Revised

Retrieved on: 
Thursday, November 30, 2023
Toyota Industries, Growth, Software, Element, Culture, Intelligence, Toyota Group, Sale, Manufacturing

This is part of its transformation into a mobility company, stimulating mutual improvement through greater collaboration with highly specialized group companies.

Key Points: 
  • This is part of its transformation into a mobility company, stimulating mutual improvement through greater collaboration with highly specialized group companies.
  • By effectively leveraging funds obtained through the sale, Toyota can boost capital efficiency and achieve further growth for the Group, while maintaining the capital ties that have sustained a strong relationship.
  • Toyota plans to use the generated capital to make growth investments focused on electrification, intelligence, and diversification initiatives.
  • The Group will continue working as one to drive Toyota's transformation into a mobility company.

Raymond Welder Wins Gold For 2nd Consecutive Year In Global Toyota Material Handling Group Competition

Retrieved on: 
Wednesday, November 29, 2023
Culture, Assembly, Gold, TICO, Welding, Environmental health, Knowledge, Toyota Industries, Safety, Boilermaker

GREENE, N.Y., Nov. 29, 2023 (GLOBE NEWSWIRE) -- The Raymond Corporation proudly announces that Jordan Taft, a welder at Raymond’s Greene, New York, facility, has won gold in the welding category of the international Toyota Material Handling Group (TMHG) Skills Competition and Chris Vrba, a welder at Raymond’s Muscatine, Iowa, facility, placed sixth among global contenders.

Key Points: 
  • GREENE, N.Y., Nov. 29, 2023 (GLOBE NEWSWIRE) -- The Raymond Corporation proudly announces that Jordan Taft, a welder at Raymond’s Greene, New York, facility, has won gold in the welding category of the international Toyota Material Handling Group (TMHG) Skills Competition and Chris Vrba, a welder at Raymond’s Muscatine, Iowa, facility, placed sixth among global contenders.
  • “It was an honor to represent Raymond in the competition and secure the gold,” Taft said.
  • In the Assembly category of the global TMHG Skills Competition, assembler Jessica Vargus represented Raymond’s Muscatine facility and assembler Tom Morrison represented Raymond’s Greene facility.
  • For more information or to locate an authorized Raymond Solutions and Support Center, visit www.raymondcorp.com or call 800-235-7200.

In-Plant Logistics Market worth $19.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, December 11, 2023
Cloud, Wi-Fi, SCARA, KUKA, Intermediate, Textile, Growth, COVID-19, Safety, Internet of things, GPS, Transport Asset Holding Entity, Hotbed, Tag, Education minister, Rate-of-return regulation, Metal, Automation, AMR, AI, Toyota Industries, Transport, RTLS, Software, Form factor, Hardware, KION, Ultra, AGV, UWB, Robotics, Electronics, BLE, Machine, Movement, RFID, JBT, Construction, Infrared, Region, Frequency, Geography, Cartesian, Ultrasound, Barcode, Zigbee

The assembly/production lines segment is expected to account for the largest share of the in-plant logistics market based on location during the forecast period.

Key Points: 
  • The assembly/production lines segment is expected to account for the largest share of the in-plant logistics market based on location during the forecast period.
  • As these lines constitute the core operational zones within a facility, efficient in-plant logistics become paramount for the seamless movement of materials, components, and finished products.
  • The metals & heavy machinery industry is projected to account for the second-largest share of the in-plant logistics market during the forecast period.
  • These factors collectively position Asia Pacific as a pivotal and dominant player in the global in-plant logistics market.