Hyster-Yale (NYSE:HY) Materials Handling, Inc. is a global manufacturer and distributor of a wide range of industrial lift trucks, container handlers and aftermarket parts and services. Operating under the Hyster and Yale brand names, the company designs, engineers and assembles counterbalanced lift trucks, narrow-aisle trucks and specialty vehicles for clients in distribution, manufacturing, retail and warehousing.
The company’s product portfolio includes electric, diesel and LPG-powered forklifts, as well as reach stackers, empty container handlers and terminal tractors. In addition to new equipment sales, Hyster-Yale offers rental solutions, fleet management services, parts fulfillment and technical support through a network of independent dealers and service centers to ensure ongoing equipment uptime and reliability.
Hyster-Yale Materials Handling was established in 2012 as a spin-off from NACCO Industries, Inc., and is headquartered in Cleveland, Ohio. Since its founding, the company has expanded its global footprint with manufacturing facilities and distribution centers serving customers across the Americas, Europe, Asia-Pacific and other emerging markets.
Under the leadership of President and Chief Executive Officer Eric J. Allara, Hyster-Yale continues to invest in new product development, electrification technologies and digital fleet management tools to meet evolving customer requirements for efficiency, safety and sustainability in material handling operations.
