NACCO Materials Handling Group, Inc. (NMHG), now operating as Hyster-Yale Group, Inc., is a prominent global manufacturer of lift trucks and material handling equipment. The company was formed in 1989 when NACCO Industries, Inc. acquired the Hyster Company, subsequently merging it with the Yale Materials Handling Corporation. This consolidation created one of the world's largest designers and manufacturers of industrial lift trucks, combining two of the most established names in the material handling industry.
The company specializes in a comprehensive range of material handling solutions, primarily focused on internal combustion engine and electric-powered lift trucks. Their product portfolio includes:
Equipment manufactured under the company's brands is utilized across a diverse spectrum of sectors that require efficient movement and storage of goods. Key industries include:
The company operates in a highly competitive global market, facing competition from several major international manufacturers of industrial lift trucks and material handling equipment, including:
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