#United States #University of Toronto #Raymond Corporation #Syracuse University #Greene

Raymond Corporation Celebrates Research Collaboration

The Raymond Corporation, a leader in the material handling sector, has announced its decision to fund innovative research projects from two North American universities—Syracuse University and the University of Toronto. The funding, granted through Raymond's University Research Program, will bolster studies aimed at advancing technology within the industry, particularly in lithium-ion battery applications and remote operational systems.

Research Insights and Innovations

This year's selected projects stand out for their cutting-edge approaches to engineering problems that could potentially transform the material handling landscape. Syracuse University's proposal, spearheaded by Professor Quinn Qiao, focuses on developing a sophisticated multi-faced framework for state-of-charge estimation specifically designed for lithium iron phosphate batteries used in forklift applications. This initiative promises to enhance efficiency and reliability in battery management systems, serving as a pivotal resource for equipment operators struggling with energy efficacy.

Meanwhile, the University of Toronto will be represented by Assistant Professor Igor Gilitschenski, whose project will harness the capabilities of dynamic multi-sensor reconstruction technology for improved teleoperation systems. This project is expected to revolutionize how remote operations are conducted, enabling operators to control machinery from a distance with unprecedented accuracy and responsiveness.

A Commitment to Innovation

Brett Wood, president and CEO of Toyota Material Handling North America, emphasized the importance of the University Research Program in supporting a new generation of innovators in the material handling field. "Our collaboration with these esteemed academic institutions not only addresses contemporary challenges in our industry but also nurtures the breakthroughs needed for future advancements," he stated.

The University Research Program, entering its tenth year, has distributed over $6 million in funding across 20 projects from leading institutions since its inception in 2016. The criteria for selection include potential industry impact, project timeline, and budget feasibility, affirming Raymond's dedication to fostering talent and ingenuity in engineering.

Future Pathways and Opportunities

This summer, the program will open its doors for new applicants, accepting one-page concept papers for the 2027 initiative until the end of October. Applicants interested in participating are encouraged to visit UniversityResearchProgram.com to understand the application process and explore previously funded projects.

Raymond Corporation has a longstanding history of innovation and excellence in material handling solutions. As a member of the Toyota Industries family, it leverages state-of-the-art technology, from automation to advanced energy solutions, to enhance warehouse operations, improve productivity, and ensure environmental sustainability. Raymond's electric forklift trucks are not only designed for optimal performance but also aim to provide considerable ecological and economic benefits.

With their ongoing investments in research and development, Raymond continues to lead the way in transforming the logistics and supply chain industries, pushing the boundaries of what is possible in material handling technologies. In partnership with academic scholars and innovators, they are paving the road toward a more efficient and advanced future in warehousing and distribution.