Former Raymond chairman remembered as industry innovator.
George G. Raymond, Jr., president of The Raymond Corp. from 1953 to
1977, and the company's chairman from 1978 to 1994, died on January 5 at the age of 83. Under his leadership Raymond grew from $5 million to
$230 million in annual revenues, and became publicly traded on the
NASDAQ Stock Market.
Mr. Raymond spearheaded the development of the industry's
first battery-powered, narrow aisle lift trucks, providing warehouses
with a revolutionary way to store materials and increase warehouse
capacity. This saved the material handling industry millions of dollars