Hyster-yale

Hyster-Yale Materials Handling, Inc. (HYMH), in conjunction with its wholly-owned operating subsidiary, Hyster-Yale Group, Inc., has established a firm foothold in the materials handling industry. Our primary focus is the design, engineering, manufacturing, sale, and servicing of a wide range of lift trucks and aftermarket parts, which are marketed globally under the esteemed Hyster and Yale brand names. For over a century, Hyster-Yale Group has cultivated relationships and formed strategic partnerships with customers, suppliers, dealers, and employees, fostering an environment of collaboration and innovation.

In addition to our core operations, Hyster-Yale Group's subsidiaries include Bolzoni S.p. A., a leading worldwide producer of attachments, forks, and lift tables, which are marketed under the Bolzoni, Auramo, and Meyer brand names. We also have a strong presence in the alternative-power technology sector through Nuvera Fuel Cells, LLC, which focuses on fuel cell stacks and engines. Our unconsolidated joint venture in Japan, Sumitomo NACCO, further expands our global reach and influence.

Business Highlights

Hyster-Yale Group's prowess in the materials handling industry is evident in our consistent financial performance. In the first quarter of 2024, we reported a consolidated operating profit of $83.8 million, representing a remarkable 97% increase from the same period in 2023. Our consolidated operating profit margin also improved, rising from 4.3% in Q1 2023 to an impressive 7.9% in Q1 2024. These figures surpassed previous expectations, demonstrating our commitment to delivering exceptional results.

Global Presence

Our extensive global network spans across various regions, including Europe, the Americas, Asia-Pacific, and the Middle East. This broad footprint enables us to cater to the unique needs of our customers in diverse markets, ensuring that we remain at the forefront of materials handling solutions worldwide.

History

Hyster-Yale Group's rich history dates back over a century, with our roots firmly planted in the materials handling industry. Our journey has been marked by continuous evolution, adaptation, and growth, allowing us to adapt to changing market conditions and emerging customer needs.

FAQs

For answers to frequently asked questions about Hyster-Yale Group and our operations, please visit our FAQs page.

Leadership Team

Our accomplished leadership team boasts a wealth of experience and expertise in the materials handling industry. Their guidance and direction have been instrumental in driving Hyster-Yale Group's growth and success.