Toyota Material Handling Acquires PennWest Toyota Lift


Company acquires equity in Pennsylvania-based forklift dealership

Tuesday, July 19, 2022

COLUMBUS, Ind. (July 7, 2022) - 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 has been a respected part of the Toyota dealer network for years and a terrific representative of everything Toyota stands for,” said Steve Tadd, TMH Director of Marketing & Dealer Development. “This acquisition will ensure Toyota’s continued representation in Pennsylvania, West Virginia and Ohio and offer continued dependable support to PennWest’s customers.” 
 
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.
 
"Toyota is the perfect match for our company," said PennWest President Mark Gaier. "Toyota's philosophy to place a high value on quality products, customer service and associates mirrors our values. The transition will be seamless, and our customers will see business operating as usual."
 
Learn more about Toyota Material Handling’s industry-leading dealer network and extensive product offering at ToyotaForklift.com
 
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. For more information or to learn more, visit ToyotaForklift.com.
 
Contact
Lisa Van Hook
The Communications Group 
501-425-8092 
       
Justin Albers
Toyota Material Handling 
812-350-9739 
 

 

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