Vmbook Online ordering
Hyster Yale Materials Handling
Hyster-Yale Materials Handling, Inc. is a leading global lift truck manufacturer. Hyster-Yale designs, engineers, manufactures, sells and services a comprehensive line of lift trucks, compact and warehousing equipment, and aftermarket parts marketed globally under the Hyster and Yale brand names. The company also provides aftermarket support products and services, including parts and fleet management services to support customers in various industries, such as warehousing, distribution, transportation, logging, construction, and manufacturing. Hyster-Yale Materials Handling Inc. is headquartered in Cleveland, Ohio, and is a subsidiary of Hyster-Yale Group, Inc.
Some of Hyster-Yale Materials Handling's products include:
1. Lift Trucks: Hyster-Yale manufactures various lift trucks, including forklifts, reach trucks, pallet trucks, and tow tractors. Lift trucks are available in electric, diesel, or gas-powered variants, with varying capacities and features to suit different industries and applications.
2. Automated solutions: They also manufacture automated guided vehicles, robotic lift trucks, and warehouse automation systems that can be customized to meet the particular needs of customers.
3. Warehouse Equipment: Includes hand trucks, industrial trucks, pallet jacks, dock levelers, and other specialized warehouse equipment.
4. Parts and services: They offer a range of aftermarket services, including component sales, maintenance contracts, and fleet management services, aiming to help customers keep their equipment running efficiently and extend its lifespan.
Hyster-Yale Materials Handling Inc. has been listed on the New York Stock Exchange (NYSE) under the ticker symbol HY. In terms of earnings and growth, Hyster has experienced steady growth over the years. In its latest quarterly report, the company reported net income of $130.6 million, up from $29.9 million in the same period the previous year. Revenue rose 20.8% to $1.3bn. The company has been focused on expanding into new markets and product lines, investing in electric and automation technologies, and implementing cost-saving initiatives. Their focus has contributed to consistent revenue and profitability growth.
Overall, Hyster-Yale Materials Handling, Inc. is a renowned global materials handling organization that strives to provide high-quality products and services to its vast customer base.