Raymond Corporation Celebrates New Test Center Opening with Toyota
Portfolio | May 19, 2025 | New York Ventures Inc
Empire State Development, through its entity New York Ventures Inc., has facilitated the grand opening of a new Advanced Energy Solutions Test Center in Monroe County. This center is intended to support both the Raymond Corporation, a renowned manufacturer of lift trucks, and Toyota brands. The new facility is aimed at developing top-quality, next-generation energy solutions. Additionally, the opening is marked by the commitment from Raymond Corporation to create up to 20 new jobs at the Honeoye Falls facility, emphasizing its contribution to regional economic development.
Sectors
- Manufacturing
- Energy Solutions
Geography
- USA – The activities are taking place in Monroe County, New York, a relevant area in the United States.
Industry
- Manufacturing – The article discusses Raymond Corporation, a manufacturer of lift trucks, and their commitment to new energy solutions.
- Energy Solutions – The new facility is explicitly focused on developing next-generation energy solutions, indicating involvement in the energy sector.
Financials
- Up to 20 new jobs – Raymond Corporation commits to creating new jobs at their Honeoye Falls facility.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Raymond Corporation | Target Company | Company | A world-class manufacturer of lift trucks, benefiting from the new test center. |
| Toyota | Supported Brand | Company | Brands supported by the new facility. |
| Empire State Development | Bidding Company/Buyer | Government | Through New York Ventures Inc., it supports and facilitates economic development in New York. |
| New York Ventures Inc. | Investment Arm | Company | An entity under Empire State Development, involved in supporting new business initiatives. |