Two leading international industry publications have independently named Toyota Industries Corporation (TICO) as the world leader in materials handing.
In the case of Germany's Logistik Journal, it is the fifth consecutive time the publication has recognised TICO as the world leader.
Figures published in Logistik Journal and DNF Magazine show Toyota's material handling business from April 2005 to March 2006, achieved global sales of more than 180,000 machines.
Logistik Journal and DNF Magazine revealed that Toyota had a material handling turnover of more than four billion Euro in the 12 months to March 2006, the first time a material handling manufacturer has exceeded that figure in a year.
Both magazine surveys confirmed the on-going strength of the material handling market, despite economic uncertainty in some markets. Overall sales of Toyota rose by almost 10%.
Toyota Industries Corporation Australia (TICA) President, Steve Harper, said the result confirmed Toyota's commitment to quality, safety, reliability and usability in forklift trucks.
"To be acknowledged as world number one yet again is a great achievement and a reflection of Toyota's progressive approach to materials handling in the 21st Century," Mr Harper said.
"Retaining the position of world leader in materials handling is an outstanding achievement for Toyota and demonstrates the organisation's ongoing commitment to developing industry-leading materials handling solutions.
"TICO is the industry leader in its level of investment in research and development. Through innovation and technological expertise, our forklifts maintain their industry-leading reputation for reliability, quality and safety."
Toyota exported its first forklifts from Japan in 1958 and has developed a leading reputation for quality, safety and reliability.
Toyota sold its first forklift truck in Australia in 1968 and has led the Australian counter-balance forklift market continuously for 20 years.
TICA distributes the Toyota Industrial Equipment range of industrial equipment, along with the BT Lift Truck and Raymond Forklift ranges of warehouse equipment.
More information can be acquired from Toyota Materials Handling.