Skip to content
Search AI Powered

Latest Stories

Press releases are provided by companies as is and have not been edited or checked for accuracy. Any queries should be directed to the company issuing the release.

Toyota Material Handling North America Appoints Taggart as CFO

Mark Taggart assumed his new role as Chief Financial Officer of Toyota Material Handling North America on April 1. Taggart will continue as Chairman of Toyota Industries Commercial Finance.

Toyota Material Handling North America Appoints Taggart as CFO

COLUMBUS, IN (April 10, 2024) – Mark Taggart, former Toyota Industries Commercial Finance (TICF) President & CEO, assumed the role of Chief Financial Officer (CFO) for Toyota Material Handling North America (TMHNA) on April 1. Taggart will continue his role as Chairman of Toyota Industries Global Commercial Finance, overseeing TICF.

As TMHNA CFO, Taggart will shape the financial strategy of TMHNA’s major group companies – Toyota Material Handling and The Raymond Corporation – from his office in Coppell, Texas. Taggart plans to introduce efficient solutions to propel the company’s fiscal responsibility and success, aligning with Toyota’s culture of kaizen – or continuous improvement.


“I am honored to step into this new role and look forward to further aligning the financial goals of TMHNA and all Toyota group companies,” Taggart said. “Through the consolidated resources of TMHNA, our goal is to always put our customers first with the best experience in each phase of the ownership lifecycle. I am excited about the future and look forward to continuing to work together toward our vision of being the most sought-after material handling, logistics, and financial services partner in the industry.”
Taggart joined the Toyota group of companies in 1996 and has a proven track record of consistent profitable sales growth, along with a demonstrated commitment to providing outstanding service to dealers and customers. Taggart’s strategic vision has shaped the company’s global footprint with significant milestones. His ability to drive impactful initiatives was displayed in 2005 when he helped drive the establishment of Toyota Financial Savings Bank (TFSB).

During an assignment in Japan in 2012, Taggart assumed key leadership roles at Toyota Financial Services Corporation (TFSC), culminating in his promotion to Vice President. In this position, Taggart oversaw sales finance companies in the Asia-Pacific Region.

Upon returning to the United States, his oversight was integral in founding Toyota Financial Services International Corporation, TFSC's second global headquarters. Prior to his most recent role at TICF, Taggart served as President and CEO of TFSB. These achievements not only underscore Taggart’s capabilities but position him for success as TMHNA’s CFO.

John Crews, TICF General Counsel, Secretary and Chief Compliance Officer, will succeed Taggart as TICF President.

“John is a strong leader that is committed to strengthening the great culture of our organization – a culture centered around our purpose, values, mission, and vision,” Taggart said. “John cares deeply about the associates at TICF, is an exemplary role model of our core values, and skillfully balances what is best for our associates, customers, dealers, and partners in all his decision-making.”
Crews’ leadership ability has left an enduring and positive impact on TICF’s operations since he joined TICF in 2020. His legal and compliance expertise, combined with strategic insight, has proven crucial in solidifying TICF’s foundation while setting the course for sustained success and future growth.

Learn more about Toyota and its leadership at Toyotacf.com or 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.

https://toyotaforklift.com/

The Latest

More Stories

Seegrid joins Open Source Robotics Alliance

Seegrid RS1 AMR utilizing ROS 2 to perform manipulation task in industrial facility.

Photo courtesy of Seegrid

Seegrid joins Open Source Robotics Alliance

November 19, 2024 - Seegrid Corporation, a leading manufacturer of autonomous mobile robot (AMR) solutions for palletized material handling in the US, today announced its membership in the Open Source Robotics Alliance (OSRA), an initiative of the Open Source Robotics Foundation (OSRF). Through this partnership, Seegrid will contribute its industry-leading expertise through its active involvement in the open-source robotics community. The company joins a vibrant network of innovators, collectively driving open-source development for the betterment of the global robotics landscape.

As part of the OSRA, Seegrid will actively support initiatives that foster collaboration and shared knowledge across the robotics field. The company aims to participate in key OSRF activities, including the renowned ROSCon event, as well as on-line communities such as GitHub and ROS Discourse.

Keep ReadingShow less

Featured

Rich Egan headshot

Rich Egan, Averitt's vice president of international solutions

Averitt

Averitt names Rich Egan vice president of international solutions

COOKEVILLE, Tenn. – Averitt has appointed Rich Egan as the company’s new vice president of international solutions. Egan, who brings over 40 years of experience in the transportation industry and has specialized in international logistics since 1990, will assume the position held by the retiring Charlie McGee.

Since joining Averitt in 2019 as director of international solutions, Egan has played a pivotal role in shaping the company’s global logistics strategy. His expertise and commitment to service excellence have contributed significantly to Averitt’s growth in this sector. In his new role, Egan will lead the international solutions team and drive strategic initiatives to enhance Averitt's global logistics offerings.

Keep ReadingShow less

Conveyor Solutions, KVK, Electrical Services Group, SIM Aftermarket Services, and SIM Software, combine

Elgin, Il. - October 21, 2024 – Systems in Motion today announced that its new name and brand will be effective immediately. This name change is part of a rebranding initiative, but is also the culmination of the companies’ close working relationship for the past five years and represents their unified strength. Systems in Motion will continue to provide material handling services as a tier-one, turnkey material handling integrator.

The Systems in Motion name creates a single and powerful platform – one that embodies client and industry goals of moving forward – while understanding the complexities and unique objectives of every system. The new brand also signifies the culmination of investment in internal processes that streamline procedures, and deliver a seamless customer experience.

Keep ReadingShow less
HTL Freight Acquires CTS Logistics, Expanding into Managed Transportation

HTL Freight Acquires CTS Logistics, Expanding into Managed Transportation


September 24th, Charlotte, NC - HTL Freight, a rising leader in the third-party logistics (3PL), is pleased to announce the acquisition of CTS Logistics, a full-service managed transportation company (4PL) headquartered in Windham, NH. This acquisition, HTL Freight’s fourth major transaction since 2021, reinforces its commitment to delivering exceptional freight solutions across North America.

Keep ReadingShow less
ETIHAD CARGO celebrates 20 years of successful operations in India

ETIHAD CARGO celebrates 20 years of successful operations in India

Abu Dhabi, United Arab Emirates – Etihad Cargo, the cargo and logistics arm of Etihad Airways, is celebrating 20 years of operations in India, a milestone that reflects the airline's ongoing commitment to the Indian market since its first flight to Mumbai on 26 September 2004. Over the years, Etihad Cargo has expanded its presence in India, now offering belly hold capacity via nonstop services between Abu Dhabi and 12 major Indian cities, with plans for further growth.

Etihad Cargo handles over 46,000 tonnes of cargo annually ex India, connecting the country to over 100 global destinations via its Abu Dhabi hub via 588 widebody and narrowbody rotations each month. To meet the needs of specific sectors, Etihad Cargo has enhanced its product range, adding new features and launching new products. Key commodities handled include electronics, including mobile phones and semiconductors, garments, pharmaceuticals, perishables, e-commerce, automobile components and courier shipments, reflecting the diversity and strength of India's manufacturing and export sectors.

Keep ReadingShow less