Our Philosophy

Who we are

Hyster-Yale Group, the wholly-owned operating subsidiary of Hyster-Yale Materials Handling, Inc. (HYMH) (NYSE:HY), is a leading, globally integrated, full-line lift truck manufacturer offering a broad array of solutions aimed at meeting the specific materials handling needs of its customers, including attachments and hydrogen fuel cell-powered products, as well as a variety of other power options for its lift trucks, telematics, automation and fleet management services.

What we do

Our mission is to be an enhanced, globally integrated designer, manufacturer and marketer of a complete range of lift truck solutions by leveraging its high-quality, application-tailored lift trucks, attachments and power solutions to offer the lowest cost of ownership and the best overall value.

How we do it

Product development is informed, on-going and proactive. Our wide global presence, among the largest of all material handling manufacturers, enables us to commit the resources necessary to ensure our lift trucks are some of the most innovative in the industry.

Our Values

Integrity
Corporate Citizenship
Constructive Change
Results Oriented
Quality
Success through People
Customer Driven
Our Values
Integrity
Corporate Citizenship
Constructive Change
Results Oriented
Quality
Success through People
Customer Driven

HYMH AT A GLANCE

7,900+

EMPLOYEES (2019)

$3.3B

IN REVENUE (2019)

20+

COUNTRIES (2020)

912,000

LIFT TRUCK UNITS WORLDWIDE (2019)

770

INDUSTRIES SERVED WORLDWIDE (2019)

90+

YEARS IN BUSINESS (2020)

PRODUCTS & BRANDS

The Hyster® and Yale® brands maintain leading market share positions, both in the Americas and worldwide.

Nuvera® focuses on fuel cell stacks and engines.

Bolzoni Auramo and Meyer® are leading brands of attachments for industrial material handling applications.

Hyster-Yale also has significant joint ventures in Japan (Sumitomo NACCO) and in China (Hyster-Yale Maximal). Learn more.

HYSTER

Hyster offers a comprehensive range of material handling equipment, from the largest container handlers and reach stackers, to nearly every type and size of industrial forklift truck, to special warehousing equipment. Learn more about Hyster Products.

YALE

Yale has an unrivaled heritage in the design and manufacture of a wide range of materials handling equipment, from specialty warehouse equipment to traditional counterbalanced forklift truck models. Learn more about Yale Products

BOLZONI AURAMO

Bolzoni produces lift truck attachments, forks and lift tables (under the brands Bolzoni, Auramo and Meyer) to help in applications that require moving large, heavy and awkward items in many industries. Learn more about Bolzoni Products.

MEYER

Innovation together with quality are the distinctive marks of the MEYER brand. MEYER offers a product range with a wide variety of attachments suitable for all material handling applications. Learn more about Meyer Products.

NUVERA

Nuvera Fuel Cells, LLC is an alternative-power technology company focused on hydrogen fuel cell stacks and engines, which are cost-effective and environmentally responsible means for lift truck power. Learn more about Nuvera Products.

Our Locations

With Hyster-Yale locations throughout North America, South America, Europe and Asia, employees have options to work abroad. Full-time opportunities, rotational programs and training sessions are available around the globe as a way to personal and professional growth.

INNOVATIONS WITH IMPACT

At Hyster-Yale Group, our goal isn’t just to build the best lift trucks possible, but to create solutions that enable our customers to improve the overall efficiency and effectiveness of their businesses. Our wide global presence, among the largest of all material handling manufacturers, enables Hyster-Yale to commit the resources necessary to ensure our lift trucks are some of the most innovative in the industry. In fact, we have an entire Innovation Department dedicated to continually finding better ways to help customers move materials faster, safer and more cost effectively.

The new Yale robotic pallet truck can navigate through warehouse environments without an operator.

Dealers, customers and the press watch demonstrations of new Yale lift trucks driven by Balyo robotics.

OUR HISTORY

  1. 1840s_Linus Yale

    1840s

    Linus Yale Sr. begins designing and manufacturing a series of innovative, high-security locks at his Yale Lock Shop in Newport, NY. He specialized in expensive, handmade bank locks.

    1840s_Linus Yale

    1868

    Shortly before he dies in December 1868, Linus Yale Sr. brings on Henry Towne and changes the company's name to Yale and Towne Manufacturing. The business moves to Stamford, CT.

    1840s_Linus Yale

    1875

    Still under the guidance of Henry Towne, Yale and Towne Manufacturing expands the company to add materials handling equipment and becomes the largest employer in the Stamford area.

  2. 1840s_Linus Yale

    1920

    Yale brand history officially begins when Yale & Towne purchases the C.W. Hunt Co. of Staten Island, NY, which had developed the industry's first battery-powered low-lift platform truck in 1919. This same year, Yale & Towne launches a new battery-powered low-lift platform truck and a range of high-lift platform trucks, tow tractors and one of the first lifting trucks with tilting forks.

    1840s_Linus Yale

    1929

    The Willamette-Ersted Company is founded in Portland, OR, as a manufacturer of winches and lifting machines for the timber industry. Legend has it that loggers using the equipment would cry out “hoist er" as they prepared to lift a load. The expression, spelled out as Hyster, sticks, marking the beginning of the storied Hyster lift truck history.

  3. 1840s_Linus Yale

    1934

    The company, now renamed Willamette Hyster Company, introduces one of its first forklift trucks, a straddle carrier equipped with forks.

    1840s_Linus Yale

    1934

    Now known as Yale & Towne, the company opens its first overseas manufacturing facilities in Wednesfield, England. They also begin selling lift trucks in Japan through a partnership with the Kiichi Harada Company.

    1840s_Linus Yale

    1944

    The Willamette Hyster Company formally adopts the name Hyster Company and continues to build on its reputation for durable and often massive lifting machines. During World War II the company‘s products are distributed overseas. The international presence helps establish a global network of manufacturing plants and dealer organizations.

    1840s_Linus Yale

    1950

    Yale & Towne adds gas, LP gas and diesel-powered lift trucks to its product line and introduces the first fluid coupling transmissions and hypoid drive axles to the lift truck field.

  4. 1840s_Linus Yale

    1959

    Hyster® brand introduces the famous Monotrol® pedal, a unique development providing speed and direction control in one simple pedal.

    1840s_Linus Yale

    1974

    Yale & Towne opens its Greenville, NC, plant to produce electric trucks.

    1840s_Linus Yale

    1984

    Yale Materials Handling Corporation is established.

  5. 1840s_Linus Yale

    1985

    North American Coal buys a controlling interest in Yale.

    1840s_Linus Yale

    1986

    NACCO Industries, Inc. is created as a holding company.

    1840s_Linus Yale

    1989

    The Hyster® brand-still owned by the same family group that started the company - is acquired by NACCO Industries. With both the Yale® brand and Hyster® brand of lift trucks in its portfolio, NACCO Industries creates NACCO Materials Handling Group (NMHG) to integrate and manage the two companies as one.

    1840s_Linus Yale

    1996

    Following the acquisition of manufacturing plants in Modena and Masate (Italy), NMHG rolls out a comprehensive line of lift trucks for warehouse applications in Europe, the Middle East and Africa.

  6. 1840s_Linus Yale

    2000

    Warehouse product launches and improvements begin focusing on harmonization and standardization of key components such as controllers and tiller arms.

    1840s_Linus Yale

    2002

    Following a substantial program of investment, Nijmegen, Netherlands, becomes the global center for Big Truck design, development and manufacturing.

    1840s_Linus Yale

    2004

    All NMHG facilities are awarded ISO 9001:2000 quality accreditation.

  7. 1840s_Linus Yale

    2005

    Both the Hyster® and Yale® brands begin to roll out a complete new generation of ICE (internal combustion engine) trucks, with a modular design platform and innovative features, providing unprecedented reliability and value to users.

    1840s_Linus Yale

    2006

    As warehousing and distribution hubs grow worldwide, the Hyster® and Yale® brands introduce the sophisticated VNA (very narrow aisle) truck, featuring a unique quad mast design.

    1840s_Linus Yale

    2007

    Investment programs continue, focused on product-line development, quality and efficiency in supply chain and optimization of NMHG's worldwide manufacturing capacity.

    1840s_Linus Yale

    2009

    Both the Hyster® and Yale® brands introduce a new generation of Electric Counterbalance trucks, which continues the Company's strategy of modular design and innovation, while offering customers both outstanding performance and significant savings in operational costs.

  8. 1840s_Linus Yale

    2011

    NMHG introduces the UTILEV® brand of utility trucks into selected markets.

    1840s_Linus Yale

    2012

    Hyster-Yale Materials Handling, Inc. formed as an independent public company following spin-off by NACCO Industries. Inc

    1840s_Linus Yale

    2014

    In December 2014, NMHG, Hyster-Yale's operating company, acquires Nuvera Fuel Cells. LLC, an alternative-power technology company focused on fuel cell stacks and engines, on-site hydrogen production and dispensing systems.

  9. 1840s_Linus Yale

    January 2016

    In January 2016, NMHG changes its name to Hyster-Yale Group to reinforce its position as the operating company under Hyster-Yale Materials Handling. Inc.

    1840s_Linus Yale

    April 2016

    In April 2016, Hyster-Yale Group acquires the telematics installation and distribution business of Speedshield Technology for the U.S. and U.K. These businesses are rebranded as HYG Telematics Solutions.

    1840s_Linus Yale

    1840s_Linus Yale

    July 2016

    In July 2016, Hyster-Yale Group completes the acquisition of Bolzoni S.P.A., a leading worldwide provider of attachments, forks and lift tables under the Bolzoni Auramo® and Meyer® brand names.

    1840s_Linus Yale

    1840s_Linus Yale

    2018

    On June 1, 2018 Hyster-Yale acquires a 75% interest in Zhejiang Maximal Forklift Company Limited, which was renamed Hyster-Yale Maximal.

    1840s_Linus Yale

  10. 1840s_Linus Yale

    2019

    In collaboration with JBT, Hyster-Yale Group introduces a new Yale robotic reach truck.

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