Summit ToyotaLift, operating under Summit Handling Systems, Inc., is a leading material handling equipment dealer in the Northeast United States. Established in 1973, the company has built a reputation for providing comprehensive solutions in the material handling industry.
Background
With nearly 70 years of experience, Summit ToyotaLift's mission is to deliver quality equipment and professional service to enhance customer satisfaction. The company specializes in offering new, used, and rental material handling equipment, along with fleet maintenance services. Its significance in the industry is underscored by its extensive inventory and commitment to customer service.
Key Strategic Focus
Summit ToyotaLift focuses on providing tailored material handling solutions, emphasizing:
- Comprehensive Equipment Offerings: Supplying a wide range of forklifts and related equipment to meet diverse operational needs.
- Service Excellence: Employing over 75 service technicians trained to repair all makes and models of material handling equipment, ensuring prompt and efficient service.
- Market Expansion: Operating five locations across Connecticut, Massachusetts, and New York to serve a broad customer base.
Financials and Funding
Summit ToyotaLift is a privately held company with estimated annual revenues ranging from $28.9 million to $41.3 million. The company employs approximately 164 individuals across all locations.
Pipeline Development
While specific product development pipelines are not publicly disclosed, Summit ToyotaLift continually enhances its service offerings and equipment inventory to meet evolving market demands.
Technological Platform and Innovation
Summit ToyotaLift distinguishes itself through:
- Diverse Equipment Portfolio: Offering leading brands such as Toyota, Bobcat, Mariotti, Taylor, Combilift, Bendi, Drexel, and Columbia, each featuring state-of-the-art technologies.
- Advanced Service Capabilities: Utilizing fully equipped service vans and mobile industrial tire press and battery services for on-site repairs and maintenance.
Leadership Team
The company is led by President Lawrence McKevitt Jr., who has been instrumental in driving the company's growth and maintaining its commitment to quality service.
Leadership Changes
No recent significant leadership changes have been publicly reported.
Competitor Profile
Market Insights and Dynamics
The material handling equipment industry is characterized by steady growth, driven by increasing demand for efficient logistics and warehouse operations.
Competitor Analysis
Key competitors include:
- Hyster-Yale Materials Handling: A global manufacturer of lift trucks and aftermarket parts.
- KION Group: A leading provider of industrial trucks and supply chain solutions.
- The Raymond Corporation: Specializes in electric lift trucks and warehouse solutions.
- Crown Equipment Corporation: Offers a broad range of forklifts and material handling technologies.
- CLARK Material Handling Company: One of the industry's oldest manufacturers of forklifts and related equipment.
These competitors focus on various aspects of material handling, including equipment manufacturing and comprehensive service solutions.
Strategic Collaborations and Partnerships
Summit ToyotaLift partners with leading equipment manufacturers, including Toyota, Bobcat, Mariotti, Taylor, Combilift, Bendi, Drexel, and Columbia, to offer a diverse range of high-quality products.
Operational Insights
Summit ToyotaLift's strategic considerations include:
- Customer-Centric Approach: Emphasizing personalized service and tailored solutions to meet specific client needs.
- Geographic Reach: Maintaining multiple locations to ensure accessibility and prompt service delivery.
- Comprehensive Service Offerings: Providing end-to-end solutions, from equipment sales to maintenance and training.
Strategic Opportunities and Future Directions
Summit ToyotaLift aims to:
- Expand Service Offerings: Enhance maintenance and training programs to add value for clients.
- Leverage Technological Advancements: Incorporate emerging technologies to improve equipment efficiency and service quality.
- Strengthen Market Position: Continue building partnerships with leading manufacturers to offer a diverse and innovative product lineup.
Contact Information
- Website: summithandling.com
- LinkedIn: Summit ToyotaLift LinkedIn Profile
- Headquarters: North Haven, Connecticut
