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Hyster® and Yale® are among the most recognized brands in the lift truck industry. Both brands serve the needs of customers across the manufacturing and services spectrum and deliver core competencies in product support and fleet management.
What does Hyster-Yale make?
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.
Are Hyster and Yale the same company?
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.
What is the difference between Hyster and Yale?
Yale Forklift Pros Lower price – Yale forklifts generally cost less. You'll spend more upfront for a comparable Hyster model. Better value – Yale and Hyster are owned by the same holding company, NAACO Industries. The machines are built on the same assembly line, so the mechanical components are identical.
Where is Hyster manufactured?
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.
What is the origin of the name Hyster?
The name "Hyster" was allegedly derived from a term commonly used by logging workers in the Pacific Northwest at the end of the 19th century. When a load of lumber was ready to be transported, a logger would yell "hoist 'er". According to the Hyster Company web page, this term became synonymous with Hyster trucks.
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.
Where are Hyster forklifts manufactured?
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 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.
