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The Hyster® brand-still owned by the same family group that started the company – is acquired by NACCO Industries. With both the Yale® brand and Hyster® brand of lift trucks in its portfolio, NACCO Industries creates NACCO Materials Handling Group (NMHG) to integrate and manage the two companies as one.
Who owns Yale forklift?
NACCO Industries, Inc Yale produced its first forklift truck in the 1920s under the name Yale & Towne Manufacturing. The company was purchased in 1985 by the North American Coal Corporation (NACCO), which later became NACCO Industries, Inc.
Where are Hyster forklift made?
Description: Hyster-Yale's Berea, Kentucky facility is a manufacturer of 1 – 9 ton internal combustion engine forklift trucks which are utilized in a wide variety of industries for materials handling solutions.
Is Yale a good forklift?
Strong Product Line. Yale has been manufacturing material handling equipment for over 137 years and is recognized as one of the oldest, most trusted lift truck manufacturers in the world. They specialize in forklifts and offer a variety of products across industry lines, and for both small and large businesses.
What does Hyster-Yale do?
The Company's wholly owned operating subsidiary, Hyster-Yale Group, Inc., designs, engineers, manufactures, sells and services a comprehensive line of lift trucks and aftermarket parts marketed globally primarily under the Hyster® and Yale® brand names.
What year model is my Hyster forklift?
Look at the letter on the end of your serial number. The letter at the end of the serial number specifies the year in which the Hyster forklift was made. For example, if the last letter is "E" that means your forklift was made in 2007.
When did Hyster-Yale go public?
On September 28, 2012, Hyster-Yale Materials Handling, Inc. was spun off from its former parent company to become an independent public company traded on the New York Stock Exchange under the symbol HY.
When did Hyster buy Yale?
1985-1996. North American Coal buys a controlling interest in Yale. NACCO Industries, Inc. is created as a holding company. The Hyster® brand-still owned by the same family group that started the company – is acquired by NACCO Industries.
Where are Hyster and Yale forklifts manufactured?
Hyster-Yale Maximal designs, engineers, manufactures, sells and services utility and standard lift trucks and specialized materials handling equipment globally under the Maximal, Hyster® and Yale® brand names. Hyster-Yale Maximal has manufacturing facilities in the Hangzhou, Zhejiang Province of China.
Is Hyster a good forklift?
Hyster brand trucks are known for being reliable and dependable for many years, as well as durable for all types of conditions. Hyster forklifts are designed to work in nearly every industry like trucking, aviation, beverage distribution, grocery, and concrete manufacturing.