Subsidiary Companies

Subsidiaries At a Glance

NACCO Materials Handling Group ("NMHG") > more information

NMHG Wholesale designs, engineers, manufactures and sells a comprehensive line of lift trucks and aftermarket parts marketed globally under the Hyster® and Yale® brand names

NMHG Retail operates a small number of wholly owned dealers, which sell, lease and service Hyster® and Yale® lift trucks, including sales of related service parts

Market Position
A world leader in the lift truck industry with an estimated 9 percent market share worldwide, including a 23 percent market share in the Americas market in 2008

Competitive Advantages

  • Large installed population base of lift trucks; an estimated 831,000 Hyster® and Yale® lift trucks in operation worldwide (as of December 31, 2008)
  • Highly diverse customer base with over 600 different end-user applications in 900 industries (as of December 31, 2008)
  • Strong independent dealer network

* These items are Non-GAAP financial measures. Click to view further discussion and related reconciliation under Non-GAAP and Other Reconciliations

Click here for more in-depth information

Certain statements on this page that are not historical facts are forward-looking statements. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the posting of this data to the website. Click here to see the Company's full Forward-Looking Statement Disclaimer/Risks and Uncertainties Statement.

Other Subsidiaries at a Glance
> Hamilton Beach
> Kitchen Collection
> North American Coal
2008 Financial Results
• Revenues: $2.8 billion
• *Adjusted Operating Income: $7.1   million
• *Adusted Income: $1.1 million
Financial Targets
• 9 percent minimum operating profit   margin
• Substantial cash flow before   financing activities
Key Business Programs

• Manufacturing restructuring and   quality enhancement
• Global supply chain
• New product development and
  introductions
• Customization and strategic
  pricing optimization
• National and global accounts   expansion
• Dealer and aftermarket parts supply   improvements
• NMHG Retail improvements
• Distribution and brand strategy

 


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