Home / Knowledge / News / Textiles / Toyota ranks 31 in Fortune's Most Admired companies
Toyota ranks 31 in Fortune's Most Admired companies
01
Apr '08
Toyota Industries Corporation (TICO) has once again earned the praise of global business leaders as a member of Fortune magazine's 'Most Admired' list.

The world leader in materials handling equipment, TICO is ranked number 31 in this year's Fortune list of the world's 50 most admired companies. Toyota Motor Corporation is ranked third in the same list.

TICO has five key business units: automobiles, materials handling equipment, logistics, textile machinery and 'others'. In the 2008 Fortune ranking, TICO was listed as the second most admired producer of motor vehicle parts.

A Fortune Global 500 company, TICO employs more than 36,000 people worldwide, including more than 16,000 people in its materials handling operations.

TICO's materials handling activities are concentrated within the Toyota Material Handling Group (TMHG). Toyota Material Handing Europe (TMHE) is the European regional organisation of TMHG and began operations in 2006 to manage the Toyota and BT materials handling business in Europe.

In fiscal year 2007, TICO reported net sales of €12.7 billion, including €5.2 billion for its materials handling operations. Net sales for TMHE in FY 2007 were approximately €1.6 billion.

The Fortune Most Admired list is seen by many as the definitive report on corporate reputations, with business leaders asked to name the companies that they admire the most, both in their own sector and in other business areas. The results are compiled into a global all-star list and 26 industry sector lists.

Must ReadView All

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search