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The company's origins are in the Hyster Company and the Yale Materials Handling Corporation, the latter of which started off as part of a lock company. [6] Yale Materials Handling Corporation is an American corporation that produces forklift trucks and other material handling equipment. Yale produced its first forklift truck in the 1920s under ...
Hyster was founded in 1929 as the Willamette-Ersted Company in Portland, Oregon. [1] The company was purchased in 1989 by NACCO Industries, Inc. and became a part of NACCO Materials Handling Group. NACCO spun off the materials handling business in 2012 as Hyster-Yale Materials Handling , Inc., [ 2 ] which continues to market products under the ...
This was followed in 1986 by creation of the holding company under the name NACCO Industries, Inc. NACCO Industries expanded into housewares with the purchase of Proctor Silex in 1988 [2] and Hamilton Beach in 1990, [3] and expanded its presence in the materials handling industry by adding the Hyster Company in 1989. [4] Yale Materials Handling ...
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