Toyota Industries
Originally, and still actively (as of 2024[update]),[5] a manufacturer of automatic looms, it is the company from which Toyota Motor Corporation developed.At the time it was the world's most advanced loom, delivering a clear improvement in quality and a twenty-fold increase in productivity.16 in the Mechanical Engineering Heritage of Japan as "a landmark achievement that advanced the global textile industry and laid the foundation for the development of the Toyota Group.That same year, the company began producing the shovel loader and three cylinder crank shaft type compressor.[8] Toyota Industries is active in five business areas: automotive, materials handling, electronics, logistics, and textile machinery.Toyota Material Handling USA (TMHU) was formally a separate company, breaking out dealer and sales divisions of the North American business.The company manufactures automotive engines for use in Toyota-branded automobiles such as Avensis, Corolla, Crown, and Land Cruiser.[10] In 2017, Toyota Industries acquired Vanderlande, a manufacturer of automated material handling equipment, mostly for airports.