Subsidiary Companies

Subsidiaries At a Glance

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

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

Lift trucks and component parts are manufactured in the United States, Northern Ireland, The Netherlands, China, Italy, Japan, Mexico, the Phillipines, Vietnam and Brazil

Market Position
A world leader in the lift truck industry with an estimated 8 percent market share worldwide, including a 21.5 percent market share in the Americas market in 2009

Competitive Advantages

  • Large installed population base of lift trucks; an estimated 804,000 Hyster® and Yale® lift trucks in operation worldwide (as of December 31, 2009)
  • Highly diverse customer base with over 600 different end-user applications in more than 600 industries (as of December 31, 2009)
  • Strong independent dealer network

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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
2009 Financial Results
• Revenues: $1.5 billion
• Operating Loss: $31.2 million
• Net Loss: $43.1 million
Financial Targets
• 9 percent minimum operating profit   margin at the peak of the market cycle
• Substantial cash flow before   financing activities
Key Strategies

• Innovation in products and services
• Quality and efficiency
• Sales and service excellence
• Global coverage with local tailoring
   of products, services, processes
   and systems
• Organizational excellence

 


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