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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 ...
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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 ...
A forklift (also called industrial truck, lift truck, jitney, hi-lo, fork truck, fork hoist, and forklift truck) is a powered industrial truck used to lift and move materials over short distances.
The stock of Hyster-Yale Materials Handling (NYSE:HY, 30-year Financials) shows every sign of being significantly overvalued, according to GuruFocus Value calculation.
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Consumer Reports (CR), formerly Consumers Union (CU), is an American nonprofit consumer organization dedicated to independent product testing, investigative journalism, consumer-oriented research, public education, and consumer advocacy.
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