Toyota Material Handling will break ground on a nearly $100 million expansion of its Columbus assembly plant

COLUMBUS – Toyota Material Handling will break ground on Wednesday, May 29th, on a nearly $100 million expansion of its assembly plant in Columbus.

Photo courtesy Toyota Industrial Equipment Manufacturing Inc.

The project involves the construction of a 295,000-square-foot manufacturing facility dedicated to the production of electric forklifts. The investment will create 85 new jobs, and production will begin in June 2026.

Photo courtesy Toyota Industrial Equipment Manufacturing Inc.

Earlier this year, Columbus officials approved rezoning the property from agricultural to industrial use and annexed it into the city limits. The Indiana Economic Development Corp. offers up to $1.1 million in conditional tax credits and $200,000 in training grants. The city of Columbus has also approved real and personal property tax abatement requests that will save Toyota $4.4 million over ten years.

Tony Miller

“We are excited about this significant strategic expansion to our Columbus campus,” says Tony Miller, senior vice president of operations, engineering, and strategic planning at Toyota Material Handling. “Electric products are more popular than ever, and we are committed to doing whatever it takes to keep up with the increase in demand. This new factory will allow us to deliver those electric units to customers much more quickly.”

Toyota Material Handling manufactures various industrial equipment, including electric forklifts, gas-powered forklifts, electric terminal tractors, pallet jacks and stackers, and container handlers.

The company has been in Columbus since 1990, and the expansion will represent $400 million invested in the campus.