Takeuchi founder steps down from president role

Toshiya Takeuchi

For the first time in its history, Takeuchi Manufacturing has announced a new president.

Takeuchi founder and President Akio Takeuchi has stepped down from his role.

Now, his son Toshiya Takeuchi will serve as president of the compact equipment manufacturer.

Toshiya Takeuchi is now the second president in the history of the manufacturing company. He has been a director and board member of the company since 2004.

Founded in 1963 in Japan, Takeuchi was the first company to introduce the compact excavator to North America. The manufacturer also introduced of the first compact track loader to North America, after setting up its first subsidiary in the United States in 1979. This was followed by subsidiaries in the United Kingdom, France and China. 

As well, Clay Eubanks, president of Takeuchi US has been appointed to the company’s board of directors.

Eubanks has been with Takeuchi US for more than three decades and most of the company’s existence.

In his early years, he held various positions within the sales group before he was promoted to manage the sales team. Eubanks was named president of Takeuchi US in 2003, and under his leadership and guidance, the company has reached new sales goals and gained market share throughout the United States and Canada.

“I am honoured and humbled by this appointment to the board of directors. I have watched this company grow to become the company it is today,” Eubanks said.

“When you have been a member of a company for as long as I have, it’s more like family. I am very proud of this company, its employees and where we are in the industry. I couldn’t ask for a better place to be.”

Eubanks’ roles now include director of global sales. He will work closely with other subsidiaries and distributors to grow sales and expand their market share.

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