Toyota Industrial Equipment Manufacturing has announced plans for a more than $17 million expansion at its North American corporate headquarters in Columbus. Construction on the more than 150,000 square-foot addition will begin this month.
The expansion will bring the facility’s total space to 1.3 million square feet. The company says it will improve internal and external logistics at the facility by consolidating external warehouses to internal storage and distribution onsite. The expansion will expand space for TIEM’s growing aftermarket parts business.
"This is an important step to position Toyota Industrial Equipment for the future," said Tony Miller, senior vice president at TIEM. "This expansion will enable us to improve our operations, drive out waste and reduce total lead time."
The company says the goal is to reduce internal logistics route distance by 50 percent. The expansion is the latest for TIEM, which announced a $16 million project in 2015 to add more than 50,000 square feet to the facility.
TIEM did not give a time frame for the completion of the latest expansion.