Hyster-Yale, Inc. HY

HY Company Overview

Hyster-Yale, Inc. is a global materials handling company engaged in the design, manufacture, and distribution of lift trucks and related solutions. The company operates primarily within the industrial machinery and capital goods industries, serving customers that require equipment for moving, storing, and handling materials in manufacturing, warehousing, logistics, ports, and distribution environments. Its core revenue is driven by the sale of lift trucks, aftermarket parts, service, and fleet management solutions.

The company’s primary business is conducted through its well-known lift truck brands Hyster® and Yale®, which are positioned to serve distinct segments of the global forklift market. Hyster-Yale traces its roots to lift truck manufacturing operations dating back to the early 20th century and was formally established as a standalone public company in 2012 following its separation from NACCO Industries. Over time, the company has expanded its product portfolio to include electric, internal combustion, and high-capacity lift trucks, while investing in alternative power technologies to address evolving customer and regulatory requirements.