The Hyster-Yale Materials Handling, Inc. headquarters is located in Cleveland, Ohio, United States. As a leading global provider of lift trucks and aftermarket parts, the company has a significant presence in the materials handling industry. The headquarters serves as the central hub for the company's operations, overseeing the development, manufacture, and distribution of its products worldwide. With a strong commitment to innovation and customer satisfaction, Hyster-Yale continues to be a major player in the industry, providing a wide range of solutions for various applications and industries.
Company Overview
Hyster-Yale Materials Handling, Inc. is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol HY. The company was formed in 2012 as a result of the separation of the materials handling business from NACCO Industries, Inc. Today, Hyster-Yale operates through two main segments: the Lift Truck business and the Aftermarket Parts business. The Lift Truck business designs, manufactures, and markets a comprehensive range of lift trucks and warehousing equipment, while the Aftermarket Parts business provides replacement parts and services to support the company’s lift trucks and other materials handling equipment.
History and Milestones
The history of Hyster-Yale dates back to the early 20th century, with the founding of the Yale & Towne Manufacturing Company in 1844 and the Hyster Company in 1929. Over the years, the companies underwent significant transformations, expansions, and mergers, ultimately leading to the formation of Hyster-Yale Materials Handling, Inc. in 2012. Some notable milestones include the introduction of the first hydraulic lift truck by Hyster in 1934, the development of the first container handling lift truck by Yale in 1956, and the launch of the UTILEV range of lift trucks by Hyster-Yale in 2013.
| Year | Event |
|---|---|
| 1844 | Yale & Towne Manufacturing Company founded |
| 1929 | Hyster Company founded |
| 1934 | Hyster introduces the first hydraulic lift truck |
| 1956 | Yale develops the first container handling lift truck |
| 2012 | Hyster-Yale Materials Handling, Inc. formed |
| 2013 | Hyster-Yale launches the UTILEV range of lift trucks |
Products and Services
Hyster-Yale offers a comprehensive range of lift trucks and warehousing equipment, including electric, gasoline, and diesel powered models, as well as automated guided vehicles and warehouse management systems. The company’s products are designed to cater to various industries, such as manufacturing, logistics, and distribution, and are known for their durability, reliability, and performance. In addition to its lift trucks, Hyster-Yale also provides a wide range of aftermarket parts and services, including maintenance and repair services, operator training, and fleet management solutions.
Key Products
Some of the key products offered by Hyster-Yale include:
- Hyster H40-70XT series of lift trucks, designed for heavy-duty applications
- Yale GP040-060SVX series of lift trucks, suitable for general-purpose applications
- UTILEV range of lift trucks, designed for less intensive applications and providing a cost-effective solution
- Hyster and Yale warehouse equipment, including reach trucks, order pickers, and pallet trucks
Global Presence
Hyster-Yale has a significant global presence, with operations in over 600 locations worldwide. The company’s products are sold and supported through a network of independent dealers and distributors, as well as through its own direct sales and service operations. With a strong commitment to customer satisfaction, Hyster-Yale provides comprehensive support and services to its customers, including operator training, maintenance and repair services, and fleet management solutions.
What is the history of Hyster-Yale Materials Handling, Inc.?
+Hyster-Yale Materials Handling, Inc. was formed in 2012 as a result of the separation of the materials handling business from NACCO Industries, Inc. The company’s history dates back to the early 20th century, with the founding of the Yale & Towne Manufacturing Company in 1844 and the Hyster Company in 1929.
What products does Hyster-Yale offer?
+Hyster-Yale offers a comprehensive range of lift trucks and warehousing equipment, including electric, gasoline, and diesel powered models, as well as automated guided vehicles and warehouse management systems.
Where is Hyster-Yale Materials Handling, Inc. headquartered?
+Hyster-Yale Materials Handling, Inc. is headquartered in Cleveland, Ohio, United States.
