Type Public Company Products Lift trucks Parent organization NACCO Industries | Traded as NYSE: HY Revenue 2.578 billion USD (2015) | |
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Founded 2012 (as Hyster-Yale), 1844 (as Yale Lock Shop) Operating income Net income US$74.7 million(FY 2015) Headquarters Cleveland, Ohio, United States Stock price HY (NYSE) US$ 58.50 +1.52 (+2.67%)17 Mar, 4:02 PM GMT-4 - Disclaimer Subsidiaries Hyster Company, NMHG | ||
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. It was spun off from NACCO Industries in 2012, but had been running as a standalone company within NACCO since 2002.
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.
Hyster-Yale Materials Handling was listed as a Fortune 1000 company in 2014 and 2015.
History
The company's origins are in the Hyster Company and the Yale Materials Handling Corporation.