Yale Materials Handling Corporation
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Yale Materials Handling Corporation
Yale Materials Handling Corporation is an American corporation that produces forklift trucks and other material handling equipment. The company was started as a lock manufacturer by Linus Yale Jr. in 1840. Yale produced its first forklift truck in the 1920s under the name Yale & Towne Manufacturing. The company was purchased in 1985 by the North American Coal Corporation (NACCO), which later became NACCO Industries, Inc. 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 Hyster-Yale Materials Handling, Inc., through its wholly owned operating subsidiary, Hyster-Yale Group, Inc., designs, engineers, manufactures, sells and services a comprehensive line of lift trucks and aftermarket parts marketed globally primaril ..., Inc. References Exte ...
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Yale Materials Handling Corporation (logo)
Yale Materials Handling Corporation is an American corporation that produces forklift trucks and other material handling equipment. The company was started as a lock manufacturer by Linus Yale Jr. in 1840. Yale produced its first forklift truck in the 1920s under the name Yale & Towne Manufacturing. The company was purchased in 1985 by the North American Coal Corporation (NACCO), which later became NACCO Industries, Inc. 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 Hyster-Yale Materials Handling, Inc., through its wholly owned operating subsidiary, Hyster-Yale Group, Inc., designs, engineers, manufactures, sells and services a comprehensive line of lift trucks and aftermarket parts marketed globally primaril ..., Inc. References Exte ...
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Forklift Truck
A forklift (also called lift truck, jitney, hi-lo, fork truck, fork hoist, and forklift truck) is a powered industrial truck used to lift and move materials over short distances. The forklift was developed in the early 20th century by various companies, including Clark, which made transmissions, and Yale & Towne Manufacturing, which made hoists. Since World War II, the use and development of the forklift truck have greatly expanded worldwide. Forklifts have become an indispensable piece of equipment in manufacturing and warehousing. In 2013, the top 20 manufacturers worldwide posted sales of $30.4 billion, with 944,405 machines sold. History The middle nineteenth century through the early 20th century saw the developments that led to today's modern forklifts. The forerunners of the modern forklift were manually-powered hoists that were used to lift loads. In 1906, the Pennsylvania Railroad introduced battery-powered platform trucks for moving luggage at their Altoona, Penn ...
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Yale (company)
Yale is one of the world's oldest lock manufacturers, owned by its parent company, Assa Abloy. Over its extensive history, Yale has received patents for dozens of its products, and the company has distributed its products to more than 120 countries, including Australia, Greece, India, Kuwait, and others. Yale's headquarters are located in Stockholm, Sweden. History In 1868, the business was founded in Stamford, Connecticut, by Henry R. Towne and Linus Yale Jr., an inventor of the pin tumbler lock. The founding name of the corporation was Yale Lock Manufacturing Co. and later the name was changed to Yale & Towne, basing themselves in Newport, New York.. From 1843 to 1857, Yale had registered eight patents, such as pin tumbler safe lock, safe lock, bank lock, vault, safe door bolt and padlock with the U.S. Patent and Trademark Office. Around 1876, they have added the manufacturing of chain blocks, electric hoists, cranes and testing machines, becoming the pioneer of crane b ...
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NACCO
NACCO Industries, Inc. is an American publicly traded holding company, headquartered in Cleveland, Ohio. Through a portfolio of mining and natural resources businesses, the company operates under three business segments: Coal Mining, North American Mining, and Minerals Management. The Coal Mining segment operates surface coal mines under long-term contracts with power generation companies and an activated carbon producer pursuant to a service-based business model. The North American Mining segment provides value-added contract mining and other services for producers of aggregates, lithium, and other minerals. The Minerals Management segment promotes the development of the Company’s oil, gas, and coal reserves, generating income primarily from royalty-based lease payments from third parties. In addition, the Company has a business providing stream and wetland mitigation solutions. History NACCO Industries originated in 1913 with the incorporation of the Cleveland and Western Co ...
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Hyster-Yale Materials Handling
Hyster-Yale Materials Handling, Inc., through its wholly owned operating subsidiary, Hyster-Yale Group, Inc., designs, engineers, manufactures, sells and services a comprehensive line of lift trucks and aftermarket parts marketed globally primarily under the Hyster and Yale brand names. It was spun off from NACCO Industries in 2012, but had been running as a standalone company within NACCO since 2002. Subsidiaries of Hyster-Yale Group include Nuvera Fuel Cells, LLC, an alternative-power technology company focused on fuel-cell stacks and related systems, on-site hydrogen production and dispensing systems, and Bolzoni S.p.A., a leading worldwide producer of attachments, forks and lift tables under the Bolzoni Auramo and Meyer brand names. Hyster-Yale Materials Handling was listed as a Fortune 1000 The Fortune 1000 are the 1,000 largest American companies ranked by revenues, as compiled by the American business magazine ''Fortune''. It only includes companies which are incorporat ...
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