April 25, 2017 8:11 AM ET

Machinery

Company Overview of The Raymond Corporation

Company Overview

The Raymond Corporation designs, manufactures, and distributes manual and electric lift trucks for warehousing and distribution operations. The company offers forklift trucks, material handling solutions, order pickers, pallet trucks, tow tractors, side loaders, stand-up counterbalanced trucks, sit-down counterbalanced trucks, reach trucks, turret trucks, and stackers; a line of polyurethane wheels and tires for lift trucks; and lift truck parts (managed and consignment parts). It also provides fleet management services, such as rental, leasing, and asset protection services; and training services. The company offers shirts, headwear items, ties and scarves, outerwear items, sweaters, golf i...

20 South Canal Street

Greene, NY 13778-0130

United States

Founded in 1840

1,700 Employees

Phone:

607-656-2311

Fax:

607-656-9005

Key Executives for The Raymond Corporation

Chief Executive Officer
Chief Financial Officer
Vice President of Aftermarket Sales & Operations
Vice President and General Counsel
Executive Vice President of Human Resources
Compensation as of Fiscal Year 2016.

The Raymond Corporation Key Developments

The Raymond Corporation Introduces Line of Branded Wheels and Tires for End-To-End Solutions

The Raymond Corporation unveiled a new line of polyurethane wheels and tires formulated to meet the usage demands of lift trucks running at optimum levels. The new wheels and tires include: Raymond Smoothy premium steer and drive tires and load wheels, Raymond UltraRide premium steer and drive tires and Raymond preferred steer and drive tires and load wheels. Ideal for long- or high-speed runs with heavy loads, as well as for tight maneuvering, these wheels and tires can stand up to hard breaking, and are resistant to flat spotting. Raymond tires also have a variety of tread patterns. For ease of reordering, Raymond wheels and tires also have a unique identification code stamped into the hub, indicating the part number for the wheel or tire.

The Raymond Corporation Introduces Model 7200 and Model 7300 Reach-Fork® and Deep-Reach® Lift Trucks

The Raymond Corporation announced the introduction of the new Raymond Model 7200 (24 volts) and Model 7300 (36 volts) available in Reach-Fork ® and Deep-Reach ® configurations. Design of the new models incorporates Raymond’s hallmark design philosophy Eco-Performance—an approach to designing and engineering lift truck solutions for maximum economic and ecological benefits—as well as optimum productivity, stability and maintainability. Models 7200 and 7300 are application-driven to address customers’ narrow aisle storage needs and high-volume applications. There is a broad range of battery compartment configurations, from 14.12 to 21.12 inches, with AC lift standard on all reach trucks. Additional updates to these new-model reach trucks include strong ductile iron, bolt-on, baselegs that ensure reliable load support, which is now standard across the entire product line. The Raymond ACR System™ delivers more uptime, fewer battery changes and lower maintenance costs and helps move more product faster in narrow aisles. With universal stance, the driver can face forward and comfortably look straight up with a clear view when handling and storing pallets. The unique and innovative open view mast design offers unprecedented visibility. A single axis control handle also is designed for comfort in a natural “shake hands” configuration and intuitive control.

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Recent Private Companies Transactions

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Merger/Acquisition
November 10, 2016
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