Toyota Material Handling Acquires PennWest Toyota Lift
Company acquires equity in Pennsylvania-based forklift dealership
Toyota Material Handling (TMH) has announced the acquisition of
PennWest Toyota Lift, a Pennsylvania-based forklift dealership with locations in Mount Pleasant, Pittsburgh and Erie, Pennsylvania. The acquisition was finalized on July 1. The company will continue to be known as PennWest, with no change in management or staffing.
PennWest Toyota Lift, founded in the late 1960s, has an extensive track record of success with Toyota, earning the company’s prestigious President’s Award in both 2018 and 2020.
PennWest’s key executives and management will remain and continue to manage the business on behalf of TMH for the foreseeable future.
PennWest President Mark Gaier commented that Toyota is the perfect match for their company. He Made it known that Toyota’s philosophy to place a high value on quality products, customer service and associates mirrors their values. He added that the transition will be seamless, and their customers will see business operating as usual.
About Toyota Material Handling
Toyota Material Handling offers material handling products and solutions, including forklifts, reach trucks, order pickers, pallet jacks, container handlers, automated guided vehicles, and tow tractors, along with aerial work platforms, fleet management services, and advanced automation engineering and design.
Toyota’s commitment to quality, reliability and customer satisfaction, the hallmark of the Toyota Production System, extends throughout more than 230 locations across North America. With access to an industry-leading lineup of material handling products, Toyota dealers are uniquely positioned to help solve wide-ranging challenges in warehousing and distribution. Built for every application, Toyota can provide the most complete set of solutions for material handling, automation, energy, advanced logistics, and warehouse optimization.