Toyota Industries Corporation (“TICO”) recognizes the changing dynamics in the North American material handling market related to e-commerce, labor cost and productivity requirements, which have created a permanent demand for new forms of logistics solutions, beyond forklifts.
INDIANAPOLIS, IN — Toyota Industries Corporation (“TICO”) recognizes the changing dynamics in the North American material handling market related to e-commerce, labor cost and productivity requirements, which have created a permanent demand for new forms of logistics solutions, beyond forklifts.
To align with market changes and customer needs, TICO has created a new business division to manage North American activities in the area of logistics solutions named “Toyota Advanced Logistics Solutions” (TALS). TALS shall be operated separately from the forklift business, except for coordination in strategic areas as appropriate.
TICO is also pleased to announce the acquisition of Bastian Solutions, LLC, a leading systems integrator with regional US operations and presence in strategically significant international markets. Bastian Solutions will be the first group company in the TALS operative structure, until further plans for strategic growth are announced.
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