NACCO Industries

NACCO Industries Inc.

Company type	Public Company
Traded as	NYSE: NC
Founded	1913
Headquarters	Cleveland, Ohio , United States
Key people	Alfred M. Rankin, Jr. (Chairman, President and Chief Executive Officer)
Products	Lift trucks, small appliances, specialty retail, and mining
Revenue	US$3.3 billion(FY 2011)
Operating income	US$174.1 million(FY 2011)
Net income	US$162.1 million(FY 2011)
Total assets	US$1.8 billion(FY 2011)
Total equity	US$576.2 million(FY 2011)
Number of employees	9,300
Divisions	North American Coal Corporation, Hamilton Beach Brands, Kitchen Collection
Website	www.nacco.com

NACCO Industries Inc. is an American publicly traded holding company, headquartered in Cleveland, Ohio, involved in the coal mining, small appliance and specialty retail industries. Its subsidiaries include the North American Coal Corporation, Hamilton Beach Brands, and Kitchen Collection.

History

NACCO Industries originated in 1913 with the incorporation of the Cleveland and Western Coal Company. The name was changed to The North American Coal Corporation (NACCO) in 1925, and the company operated exclusively in the coal industry until the acquisition of Yale Materials Handling Corporation in 1985. This was followed in 1986 by creation of the holding company under the name NACCO Industries, Inc. NACCO Industries expanded into housewares with the purchase of Proctor Silex in 1988 and Hamilton Beach in 1990, and expanded its presence in the materials handling industry by adding the Hyster Company in 1989. Yale Materials Handling Corporation and the Hyster Company were combined to form NACCO Materials Handling Group, which was spun off in 2012.

See also

• Le Gourmet Chef

External links

• Official website