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Fremont, CA   |  250 - 500 employees  |  0 active jobs  |  Company Website

Overview
RAYMOND HISTORY

George G. Raymond, Sr. founded The Raymond Corporation in 1922 when he bought the Lyon Iron Works, an 82-year-old iron foundry in the rural, upstate New York village of Greene. During the 20’s the business grew, and in the 30’s it stayed alive based on the development of innovative products for the new material handling industry. In the 40’s the name was changed to the Lyon-Raymond Corporation and the Company began to grow again, supporting the war effort with products and systems designed to assist people in handling materials.

In the early 50’s, the name was changed again, this time to The Raymond Corporation complimenting the introduction of the product with which it is most closely associated, the first narrow-aisle electric truck. This Raymond invention, which created an entire market segment within the lift truck industry, was the first in what has become a half-century of innovation in electric trucks. In 1956, George G. Raymond, Jr. became President and the Company went public to raise capital to support the growth generated by this new family of electric narrow-aisle products.

Growth and expansion continued through the 60’s, 70’s, 80’s, and 90’s as innovation allowed Raymond to maintain market leadership in the face of increasing competition.. Raymond was the first North American manufacturer to introduce the following innovations that have ultimately become familiar products.

After 75 years of Raymond family control, in 1997 The Raymond Corporation was acquired by BT Industries of Sweden, which in turn was acquired by Toyoda Automatic Loom in 2000. Even as a half billion-dollar piece of one of the world’s largest lift truck companies, the Raymond tradition of innovation and leadership in the electric truck segments of the lift truck industry continues very much in the spirit its humble beginnings.

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