Hyster-Yale Materials Handling

-5.87%

Hyster-Yale Materials Handling, Inc. is a leading global provider of forklift trucks, warehouse equipment, and aftermarket services. The company was founded in 1929 by brothers Willam and George N. Patterson as a small machine shop in Oregon, USA. They originally specialized in developing equipment for logging and timber industries, but soon expanded their product line to include forklifts for warehouse and material handling.
Today, Hyster-Yale is headquartered in Cleveland, Ohio, and has expanded its operations to serve customers in over 130 countries. The company has a diverse portfolio of products including electric and internal combustion forklift trucks, hand pallet trucks, reach trucks, and other warehouse equipment. Hyster-Yale also provides a wide range of aftermarket services, including maintenance and repair, operator training, and fleet management.
Hyster-Yale is committed to environmentally sustainable practices in its operations, products, and services. The company has implemented several initiatives to reduce its carbon footprint, increase energy efficiency, and promote sustainability throughout its supply chain.
Hyster-Yale is a publicly traded company, listed on the New York Stock Exchange under the ticker symbol HY. The company has a strong financial track record and continues to be a leader in the material handling industry.

1. Long-standing History: The Hyster-Yale Materials Handling Inc. has a long history dating back to 1929 when it was founded as the Willamette Iron and Steel Works, later known as the Hyster Company.
2. Global Presence: With headquarters in Cleveland, Ohio, Hyster-Yale has a global reach with manufacturing operations in the United States, Europe, and Asia, as well as direct sales and service presence in over 160 countries.
3. Diverse Range of Materials Handling Products: Hyster-Yale offers a comprehensive range of materials handling equipment, including forklifts, container handlers, reach stackers, and warehousing equipment.
4. Innovation and Technology: The company has a strong focus on innovation and technology, constantly developing new features and solutions to meet the evolving needs of customers.
5. Strong Dealer Network: Hyster-Yale has a network of over 300 independent dealers worldwide, providing customers with access to sales, service, and support.
6. Commitment to Sustainability: The company is committed to sustainability, with an emphasis on reducing emissions and increasing fuel efficiency in its products.
7. Focus on Safety: Hyster-Yale prioritizes safety in its products, with features such as ergonomic designs, advanced safety systems, and operator training programs.
8. Strong Financial Performance: With a strong track record of financial performance, Hyster-Yale has consistently delivered value to its investors and shareholders.
9. Customer-Centric Approach: The company values its customers and focuses on building long-term relationships by understanding their needs and delivering customized solutions.
10. Commitment to Diversity and Inclusion: Hyster-Yale is committed to creating an inclusive and diverse workplace, with initiatives and programs that promote diversity and equality for all employees.