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Hyster-Yale Materials Handling

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Hyster-Yale Materials Handling, Inc.
Company typePublic Company
NYSEHY
Russell 2000 Component
Founded2012 (as Hyster-Yale), 1844 (as Yale Lock Shop)
Headquarters,
ProductsLift trucks
RevenueUS$2,569.7 million(FY 2016)[1]
US$34.9 million(FY 2016)[1]
US$42.8 million(FY 2016) [1]
Total assetsUS$1,287.1 million(FY 2016) [1]
Total equityUS$463.8 million(FY 2016)[1]
Number of employees
7,900[2]
Websitewww.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

  1. ^ a b c d e "Form 10-K HYSTER-YALE MATERIALS HANDLING, INC". Securities and Exchange Commission. 24 February 2017.
  2. ^ https://fortune.com/company/hyster-yale-materials-handling/fortune500/
  3. ^ a b "Q2 2016 Earnings Announcement".
  4. ^ "About Hyster-Yale Materials Handling". Retrieved 17 April 2015.
  5. ^ Schoenberger, Robert (28 June 2012). "Nacco to spin off Hyster-Yale material handling group to its shareholders". Cleveland.com. Retrieved 17 April 2015.
  6. ^ "About Hyster-Yale About NACCO Materials Handling Group Investor Relations Corporate Governance News Room Hyster-Yale Materials Handling: A Stable & Innovative History". Retrieved 17 April 2015.