Found in Robotics News & Content, with a score of 23.69
May 19, 2021
…efforts with Third Wave over the past years represent TICO’s continuing commitment to advanced automation solutions,” said Hisashi Ichijo, executive officer of Toyota Industries Corp. (TICO). “Third Wave’s use of dynamic navigation, advanced perception in high racks, and use of shared autonomy are on the forefront of autonomous vehicle technology.” 'Shared autonomy' with a human in the loop Union City, Calif.-based Third Wave Automation was founded in 2018 and provides autonomous systems for improved efficiency and throughput. The company said it has combined machine learning, computer vision, and robotics for “adaptive automation” and “shared autonomy.” After years of research and…
Found in Robotics News & Content, with a score of 4.85
May 14, 2021
…executive officer of TMHNA’s parent company, Toyota Industries Corp. (TICO). “Part of the reason is the difficulty in finding enough skilled operators, but beyond that, it’s the increased level of customer expectations around a rapid and flawless materials handling process,” he said. “Customer requirements are demanding more efficiency than ever before, and that in turn drives the need for more process optimization—including automation.” Wood added that automated lift trucks can be a good fit for repetitive movement of pallet loads. “I think automated lift trucks will help with the need to meet higher efficiency goals, because if repetitive processes exist…
Found in Robotics News & Content, with a score of 42.12
April 20, 2021
Toyota Industries Corp., or TICO, today announced that it will consolidate its software development efforts for autonomous vehicles, increase its global investments, and establish T-Hive B.V. as a new center of excellence. TICO said the combination of offerings from its group companies will strengthen its brand portfolio and meet the increasing demands of its customers. Sakichi Toyoda founded Toyota Industries Corp. in 1926 for the manufacture and sale of the Type G automatic loom that he had invented. The Japanese company later expanded to automotive-related fields such as engines and air-conditioning compressors. It also made industrial vehicles such as lift…
Found in Robotics News & Content, with a score of 4.79
December 28, 2020
…executive officer of TMHNA’s parent company, Toyota Industries Corporation (TICO). “Part of the reason is the difficulty in finding enough skilled operators, but beyond that it’s the increased level of customer expectations around a rapid and flawless materials handling process. Customer requirements are demanding more efficiency than ever before and that in turn drives the need for more process optimization—including automation.” Wood adds that automated lift trucks can be a good fit for maximizing the efficiency of repetitive movement of pallet loads. “I think automated lift trucks will help with the need to meet higher efficiency goals, because if repetitive…
Found in Robotics News & Content, with a score of 12.79
August 27, 2020
…of the 2017 Top 20 list, Toyota Industries Corporation (TICO) acquired the company. Following TICO’s 2017 acquisition of the then 16th place Bastian Solutions, Vanderlande became the second business to join TICO’s new business division called Toyota Advanced Logistics Group (TALG), which manages North American activities in the area of logistics solutions. Knapp reported $1.37 billion in 2019 revenues, an increase of more than 30% and enough to maintain a firm hold on seventh place. It’s one of three companies on the list to have doubled revenues in three years. Kevin Reader, director of business development and marketing for Knapp,…
Found in Robotics News & Content, with a score of 29.50
March 23, 2017
Toyota Industries Corporation (TICO) has signed an agreement to acquire Vanderlande, a global market leader for value-added logistic process automation at airports, warehouses and the parcel market, from the company’s current owner NPM Capital. The acquisition has been fully approved and supported by Vanderlande’s Supervisory and Management Boards, and Works Council. Vanderlande will retain its name and corporate identity, as well as continue its operations as a standalone entity from the same locations worldwide. According to a release, the transaction signifies TICO’s strategic ambition to increase its presence in automated material handling. It follows the recently announced expansion in North…
