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IndustryNet Blog

Top 13 forklift manufacturers in the U.S.

Posted by IndustryNet on Thursday, May 3, 2018

100000230forkliftorangeForklift manufacturers are just one segment of the material handling industry, although an important one. As a whole, the material handling industry has average sales of $229.32 billion, with forklift manufacturing accounting for $24.64 billion of these.

With 387 companies providing 22,479 jobs, it is safe to say that the forklift industry is a significant part of the U.S. economy. To get a better feel for the industry as a whole, take a look at some of the top manufacturers within the segment.

RelatedIn-depth guide to choosing the right material handling equipment for your business

Top 10 forklift manufacturers by employees

One popular method of ranking forklift manufacturers by size is via a comparison of their employment statistics. Here are the top companies based on their number of employees.

1. Crown Equipment Corp. in New Bremen, Ohio: 3,000 Employees
This branch focuses on industrial trucks and tractors. They pride themselves on offering lift trucks for every need, including new trucks and tractors, rental trucks and tractors, and remanufactured forklifts for the manufacturing sector.

2. The Raymond Corporation in Greene, New York: 1,500 Employees
This company has been in the industry for 95 years, creating a reputation for high-quality forklifts and other solutions.

3. The Taylor Group Inc. in Louisville, Mississippi: 1,066 Employees
The company manufactures forklifts as well as other industrial machinery, motors and generators, along with industrial trucks and tractors.

4. Toyota Industrial Equipment Mfg. Inc. in Columbus, Indiana: 1,050 Employees
An industry leader, Toyota has manufactured more than 500,000 forklifts in the U.S.

5. Hyster-Yale Group, Inc. in Greenville, North Carolina: 900 Employees
This operation strives to create the best possible lift trucks and create solutions for improved efficiency and effectiveness of its customers.

6. Hyster-Yale Group, Inc. in Berea, Kentucky: 770 Employees
Another location of the above company, the Berea, Kentucky location charges the industry forward with more than 80 years of experience creating lift trucks.

7. UniCarriers Americas Corp. in Marengo, Illinois: 650 Employees (pictured below)Unicarriers_forklifts


This company formed in 2015 with the consolidation of the Barret, TCM, and Nissan Forklift lines, which date back to 1914, 1949 and 1957, respectively, providing over a century of experience.

8. Altec Industries Inc. based in St. Joseph, Missouri: 650 Employees
In addition to forklifts, they provide other solutions, such as aerial devices, chippers, cranes and spray equipment.

9. Crown Equipment Corp. in Greencastle, Indiana: 600 Employees
Another branch of the company in the first spot on this list, this location focuses on construction equipment. They manufacture electric counterbalance, IC counterbalance, very narrow, reach and other types of forklifts for manufacturing.

10. Taylor Machine Works Inc. in Louisville, Mississippi: 520 Employees
The most popular forklifts from them are their "Taylor Big Red" high-capacity lift trucks with a low cost and high durability. The company has more than 90 years of experience.

Top 10 forklift manufacturers by square footage

Another useful tool when comparing the size of forklift manufacturers across the U.S. is examining the square footage of their facilities. Unsurprisingly, many of the manufacturers with the highest number of employees also have the largest facilities. Find out what makes each forklift manufacturer stand apart from the rest.

1. Toyota Industrial Equipment Mfg. Inc. in Columbus, Indiana: 870,000 Square Feet
This company claims 15 years as the top forklift brand in the world and the top spot for overall value, reliability, quality and durability.

2. The Raymond Corp. in Greene, New York: 500,000 Square Feet
In addition to other types of machinery, they off multiple types of forklifts, including reach trucks, pallet jacks, turret trucks, sideloaders and walkie stackers.

3. Hyster-Yale Group Inc. in Greenville, North Carolina: 500,000 Square Feet
They base their designs on business analytics and customer research to deliver exactly what customers need.

forklifts plant floor4. Hyster-Yale Group, Inc. in Berea, Kentucky: 500,000 Square Feet
This is just one of 12 ISO-certified manufacturing locations the company has, complete with state-of the-art testing and fabrication.

5. Altec Industries Inc. in St. Joseph, Missouri: 450,000 Square Feet
They have produced forklifts and other equipment since 1929, always putting the customer first.

6. UniCarriers Americas Corp. in Marengo, Illinois: 400,000 Square Feet
They offer a range of forklifts, including AC electric riders, pallets, tow tractors and reach trucks in addition to hand pallets, internal combustion pneumatic tire lift trucks, and more.

7. KION North America Corp. in Summerville, South Carolina: 200,000 Square Feet
Although this company's name only arrived in 2015, the company behind it dates back to 1898 with over a century of experience manufacturing machinery.

8. Bolzoni Auramo Inc. in Homewood, Illinois: 196,000 Square Feet
They specialize in lift truck attachments as well as lift tables and forks.

9. T C M Mfg. U.S.A. Inc. in West Columbia, South Carolina: 165,000 Square Feet
This company dates back to 1949 and is an expert in forklift manufacturing.

10. Crown Kinston in Kinston, North Carolina: 150,000 Square Feet
They specialize in lift trucks along with other industrial tractors and trucks.


With various statistics at hand, it becomes much simpler to get a feel for the top forklift manufacturers in the U.S., along with the industry as a whole. This is an industry to watch, with a more than 6.5 percent increase in employment within the past year and over 0.10 percent increase in average sales.


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