HYSTER-YALE, INC.

The company's origins are in the Hyster Company and the Yale Materials Handling Corporation, the latter of which started off as part of a lock company.

Yale Materials Handling Corporation is an American corporation that produces forklift trucks and other material handling equipment. Yale produced its first forklift truck in the 1920s under the name Yale & Towne Manufacturing. Yale & Towne Manufacturing was purchased in 1985 by the North American Coal Corporation ( NACCO ), which later became NACCO Industries, Incorporated. Yale Materials Handling Corporation was combined with Hyster Company, also purchased by NACCO, in 1989 to form NACCO Materials Handling Group. NACCO Materials Handling Group was then spun off as a separate public company from NACCO in 2012, under the name Hyster-Yale Materials Handling, Inc.