Toyota on Fortune's top 50 list of World's Most Admired Companies

FORTUNE magazine has named Toyota Industries Corporation (TICO) to its top 50 list of the World's Most Admired Companies.

This is the first time that TICO has appeared on the Global top 50 All-Star list, ranking as the 36th most admired company, tied with Lowe's. TICO achieved an additional honour, earning the number one spot in the motor vehicle parts industry ranking, moving up from last year's number two position.

Toyota is the leading supplier of lift trucks in Canada and worldwide. The majority of lift trucks sold in Canada by Toyota Canada's Industrial Equipment Division are manufactured at the Toyota Industrial Equipment Manufacturing (TIEM) plant in Columbus, Indiana.

"We are very proud that Toyota has been recognized by the business community in this FORTUNE listing for its excellence in surveyed areas including product innovation, quality and service," said Rob Reinders, Director, Toyota Canada Industrial Equipment Division. "We remain committed to serving the Canadian market and share this honour with our associates and dealers who continually propel this company forward."

Toyota Motor Corporation (TMC) also was featured in the FORTUNE survey, rated number two on the World's Most Admired Companies list.
http://www.cienmagazine.com/issues/ISArticle.asp?id=58577&issue=07262006
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