In 1949 Toyo Carrier Manufacturing Co. Ltd. was founded and produced Japan’s first homegrown forklift. By 1950 the first TCM forklifts were being exported overseas and during the next 30 years had a presence in the Australian, Asian, European and North American markets. In 2009 Hitachi Construction Machinery acquired full ownership, before an agreement was struck in 2011 with the Innovative Network Corporation of Japan and Nissan to amalgamate their forklift businesses. This lead to the establishment of the UniCarriers Group.
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