Hyster-Yale Materials Handling

Hyster-Yale Materials Handling, Inc.
Public Company
Traded as NYSE: HY
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]
US$34.9 million(FY 2016)[1]
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
6,500 (FY 2016) [1]
Website www.hyster-yale.com

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.[2][3] It was spun off from NACCO Industries in 2012, but had been running as a standalone company within NACCO since 2002.[4]

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.[2]

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.[5]

References


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