Hyster-Yale Materials Handling

Hyster-Yale Materials Handling, Inc.

Type	Public Company
Traded as	NYSE: HY Russell 2000 Component
Founded	2012 (as Hyster-Yale), 1844 (as Yale Lock Shop)
Headquarters	Cleveland, Ohio , United States
Products	Lift trucks
Revenue	US$2,569.7 million(FY 2016)[1]
Operating income	US$34.9 million(FY 2016)[1]
Net income	US$42.8 million(FY 2016) [1]
Total assets	US$1,287.1 million(FY 2016) [1]
Total equity	US$463.8 million(FY 2016)[1]
Number of employees	7,900[2]
Website	www.hyster-yale.com

Yale lift truck in Rwanda (2020).

Hyster-Yale Materials Handling, Inc., through its 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.^[3][4] It was spun off from NACCO Industries in 2012, but had been running as a standalone company within NACCO since 2002.^[5]

Subsidiaries of Hyster-Yale Group include Nuvera Fuel Cells, LLC, an alternative-power technology company focused on fuel-cell stacks and related systems, on-site hydrogen production and dispensing systems, and Bolzoni S.p.A., a leading worldwide producer of attachments, forks and lift tables under the Bolzoni Auramo and Meyer brand names.^[3]

Hyster-Yale Materials Handling was listed as a Fortune 1000 company in 2014, 2015 and 2016.

History[]

The company's origins are in the Hyster Company and the Yale Materials Handling Corporation.^[6]

References[]

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