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NMHG History
Our History
NACCO Materials Handling Group's roots reflect a tradition of industrial leadership that predates the American Civil War. The Yale organization, built on the success of the famous Yale lock designs first sketched in 1844, had begun producing materials handling equipment as early as 1875. By the turn of the century, Yale & Towne Manufacturing had become the leading producer of hand-powered and electric - drive hoists in the US. In 1920, the company expanded into production of battery powered lift trucks, and in subsequent years it made many pioneering advances in electric truck design. By the 1950s, when the company added gas - powered trucks to its product lines, it was also manufacturing in Europe and building the foundation for a joint venture in Japan. Long since divesting of the lock manufacturing business, the organization known as Yale Materials Handling was acquired by NACCO Industries in 1985.
While Yale developed from America's industrial core in the East, Hyster Company emerged from the logging industry of America's Pacific Northwest. Founded in Portland, Oregon in 1929 as Willamette-Ersted Company, the firm's first products were winches and lifting machines capable of handling the rugged conditions of timber country. Loggers using the equipment would cry out 'Hoist'er' as they prepared
to lift a load and the slang expression gradually came to apply to the machinery as well. In 1944 the company adopted Hyster as its name, continuing to build on its reputation for durable and often massive lifting machines. World war II brought the company's products throughout the world in support of the war effort, and helped to establish a basis for a network of international manufacturing plants and dealer organizations. In 1989 the Hyster organization - still owned by the same family group that started the company - was acquired by NACCO Industries.
NACCO Materials Handling Group as we know it today, has been formed from the combined strength of these
two successful organizations.
 
©Copyright, NACCO Materials Handling Group, Inc., 2003-2010. The Hyster®, Yale®, Sumitomo-Yale®, and Sumitomo® names, and designs, logos and related marks, are registered trademarks or trademarks of NACCO Materials Handling Group, Inc., or its subsidiaries or affiliates, or other owners of such marks. All rights reserved.Terms of Use - Privacy Policy
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