Company Profile
Company Overview
Corporate Profile
Hyster-Yale Materials Handling, 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. Revenues in 2012 were $2.5 billion and net income was $98.0 million.
Company History
Hyster-Yale Materials Handling:A Stable & Innovative History
Hyster or Yale - pROUD OF oUR pAST AND pREPARED FOR oUR fUTURE
With our Hyster® and Yale® brands, Hyster-Yale, through its operating company, NMHG, possesses over 80 years of proven performance. Both the Hyster and Yale histories reflect the determination and excellence that make these brands what they are today.
Our history has been marked by innovation in the Hyster and Yale brands that have helped power the industry forward. Yale was responsible for introducing the industry’s first battery-powered, low-lift platform truck, the first fluid coupling transmission, and the first hypoid drive axle. Hyster Company’s MONOTROL® pedal for speed and direction control was revolutionary when patented and introduced to the industry in 1959 and is still in production today. Hyster also introduced the industry’s first very narrow aisle (VNA) lift truck.
Today at Hyster-Yale that spirit of innovation is alive and well as we work to bring new and better technologies to market. This includes the use of hydrogen fuel-cell batteries and a new generation of Electric Counterbalance trucks.
Examine the timeline below to view key points in the evolution of Hyster-Yale Materials Handling, including the histories of Yale and Hyster.