Hyster-Yale Materials Handling
Hyster-Yale Materials Handling designs, manufactures, and services lift trucks and materials handling equipment under the Hyster, Yale, Bolzoni, and Nuvera brands. It serves enterprise customers in e-commerce, pharmaceutical, manufacturing, and port operations worldwide through a global dealer network.
- Company typePublic
- Founded2007
- HeadquartersCleveland, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Hyster-Yale Materials Handling does
Hyster-Yale Materials Handling, Inc. is a globally integrated designer, manufacturer, seller, and servicer of lift trucks and related materials handling equipment, serving enterprise customers across e-commerce and third-party logistics, pharmaceutical manufacturing and distribution, general industrial/manufacturing, and port and terminal operations. Its products address warehouse labor shortages, electrification mandates, sustainability compliance, and supply chain efficiency requirements at customer sites spanning ports, factories, and distribution centers.
The company operates a multi-brand portfolio: Hyster and Yale for lift trucks, Bolzoni and Auramo for specialized attachments, and Nuvera for fuel cell and energy solutions. Core technology includes internal combustion engine lift trucks with capacities from 4,000 to 15,500 pounds, the newly launched XTLG Integrated Lithium-Ion Forklift Series delivering approximately 75% less energy consumption than comparable diesel models, Nuvera hydrogen fuel cell solutions, and autonomous navigation systems for warehouse automation. Hyster-Yale maintains vertical integration from power source through attachments, with manufacturing, assembly, and R&D facilities positioned across five continents to serve regional markets including the U.S., Canada, Mexico, Brazil, the U.K., France, Germany, Italy, the Netherlands, Sweden, Poland, India, Singapore, Australia, and China.
Hyster-Yale generates revenue primarily through hardware sales of new lift trucks, attachments, and energy solutions, complemented by recurring aftermarket parts and service revenue tied to its global installed base. The company distributes through an authorized independent dealer network across 14+ countries, supplemented by direct enterprise sales teams, with quote-based pricing negotiated for large fleet purchases and multi-year contracts. It is publicly listed on the NYSE under ticker HY, reports 5,001-10,000 employees, and is headquartered in Cleveland, Ohio.
Hyster-Yale Materials Handling firmographics
Firmographics- Name
- Hyster-Yale Materials Handling
- Legal name
- Hyster-Yale, Inc.
- Website
- https://hyster-yale.com
- Company type
- Public
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Hyster-Yale Materials Handling designs, manufactures, and services lift trucks and materials handling equipment under the Hyster, Yale, Bolzoni, and Nuvera brands. It serves enterprise customers in e-commerce, pharmaceutical, manufacturing, and port operations worldwide through a global dealer network.
- Ownership category
- akta.pro rank
Hyster-Yale Materials Handling industry classification
Industry- Product category
- Industrial Lift Trucks and Material Handling Equipment
- NAICS
- Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing (333924)
- SIC
- Industrial Trucks, Tractors, Trailors & Stackers (3537)
- akta.pro primary industry
- Conveying, Hoisting & Materials Handling Systems (Conveyors, Stackers/Reclaimers, Winches) (IMAKANAE)
- akta.pro secondary industries
- Bulk Material Handling Systems (Belt Conveyors, Feeders, Stackers, Reclaimers) (IMAHABAH), Loading/Unloading & Transfer Equipment (Telescopic Conveyors, Loaders, Tipplers) (IMAHABAI)
Keywords
Where Hyster-Yale Materials Handling is headquartered
LocationHeadquarters
- HQ city
- Cleveland
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Hyster-Yale Materials Handling business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Lift Trucks: Design, manufacture, and sale of lift trucks (forklifts) under Hyster and Yale brands. Includes new unit sales and after-market support. Revenue from Q1 2026 was $795.2 million, with full-year 2025 revenue of $3.8 billion.
- Attachments: Manufacture and sale of truck attachments through Bolzoni Group, enabling lift truck versatility for handling unique and delicate loads to minimize product damage.
- Energy Solutions: Nuvera brand fuel cell and energy solutions for lift trucks and heavy-duty off-road applications, including hydrogen fuel cell technology for zero-emission operations.
- Aftermarket Parts and Service: Parts, service, and support for existing lift truck fleet, contributing to recurring revenue stream from the installed base.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Enterprise/bulk orders |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Hyster-Yale Materials Handling product offering
Product offeringCore offering
Hyster-Yale Materials Handling designs, engineers, manufactures, sells and services industrial lift trucks (forklifts) and related material handling equipment under the Hyster and Yale brands. The portfolio is extended vertically through Bolzoni Group attachments that enable specialized load handling and Nuvera fuel cell and energy solutions for zero-emission power. The company serves warehouse, manufacturing, port, pharmaceutical, e-commerce/3PL and industrial customers globally through a dealer network and direct enterprise sales.
Product overview
Hyster-Yale Materials Handling operates as a platform-plus-brands company offering three core product lines: lift trucks under the Hyster and Yale brands, attachments through the Bolzoni Group subsidiary, and energy solutions via the Nuvera brand. The company recently launched the XTLG Integrated Lithium-Ion Forklift Series as a new sub-product, combining electrification technology with proven internal combustion engine chassis designs. The product portfolio spans the full materials handling value chain from warehouse equipment to specialized attachments and alternative power solutions.
Differentiator
Problem solved
Functional benefit
Brands
- Hyster: Lift truck brand offering industrial equipment for materials handling applications
- Yale
- Nuvera
- Bolzoni
- Auramo
Products and services
- Hyster Lift Trucks Industrial lift trucks under the Hyster brand providing warehouse solutions and material handling equipment options for diverse applications. Sold globally through Hyster's authorized dealer network and direct enterprise sales to industrial, manufacturing, e-commerce, 3PL, pharmaceutical and port customers.
- Yale Lift Trucks Industrial lift trucks under the Yale brand offering warehouse solutions and material handling equipment. Distributed through Yale's authorized dealer network alongside the Hyster brand for global customers.
- Bolzoni Attachments Lift truck attachments that enable lift truck versatility for handling unique and delicate loads, helping minimize product damage. Produced by the Bolzoni Group subsidiary under the Bolzoni and Auramo brands for material handling customers.
- Nuvera Energy Solutions Fuel cell and energy solutions for lift trucks providing zero-emission power alternatives for material handling equipment. Offered under the Nuvera brand for customers pursuing hydrogen fuel cell and alternative power technologies.
- XTLG Integrated Lithium-Ion Forklift Series Lithium-ion battery-powered forklift series using approximately 75% less energy than comparable diesel models, built on proven ICE chassis with lifting capacities from 4,000 to 15,500 pounds. Designed for customers electrifying their material handling fleets.
Quantifiable outcome
- Approximately 75% less energy consumption compared to comparable diesel models with XTLG lithium-ion series
- +2 more outcomes
Companies that use Hyster-Yale Materials Handling
Customer profileSegments4 records
Ideal customer profiles4 records
Hyster-Yale Materials Handling technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Hyster-Yale Materials Handling partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- IntegratRcoreHyster-Yale Nederland BV subsidiary joined IntegratR as a Core Partner to accelerate zero-emission solutions for the heavy-duty off-road industry. The partnership centers on IntegratR's planned Innovation Campus in Nijmegen, Netherlands, a 17,500 m² facility featuring specialized testing infrastructure including an EMC test site, RoRo quay, outdoor equipment test track, and megawatt charging/hydrogen filling capabilities. The test track is expected to be operational by 2026, with additional facilities following in 2027.
- Urban Mobility Systems (DEUTZ AG company)coreCollaborating with Urban Mobility Systems, a subsidiary of DEUTZ AG, alongside IntegratR partnership to develop zero-emission solutions for heavy-duty off-road applications, leveraging hydrogen fuel cell and other alternative power technologies.
Scale indicators10 records
Recent moves6 records
Expansion highlights4 records
Hyster-Yale Materials Handling competitors and assessment
Company assessmentDirect peers
- Clark Material Handling: Long-standing lift truck manufacturer with global dealer network and a product range spanning IC, electric, and warehouse forklifts. Smaller scale but direct category competitor.
- Hangcha Group: Chinese material handling OEM offering IC and electric forklifts globally. Increasingly relevant peer as Hangcha expands outside China in lower- and mid-tier segments.
- Kion Group: Second-largest global forklift maker with Linde, STILL, and Baoli brands. Direct overlap in counterbalanced lift trucks, warehouse automation, and EMEA-heavy distribution.
- Jungheinrich: German intralogistics and forklift specialist with strong warehouse-equipment and electric-lift-truck franchise. Directly comparable on product mix and electrification roadmap.
- Manitou Group: French material handling OEM specializing in rough-terrain forklifts, telehandlers, and warehouse equipment. Comparable on lift truck engineering and dealer-driven distribution, with broader construction-machinery exposure.
- Crown Equipment: Privately held U.S. lift truck manufacturer focused on warehouse forklifts and automation. Closely comparable to Hyster/Yale in counterbalanced truck product lines and North American dealer channel.
- Mitsubishi Logisnext: Japanese material handling OEM with Mitsubishi, Cat Lift Trucks, and UniCarriers brands. Direct competitor in IC and electric lift trucks across global markets.
- Doosan Industrial Vehicle (Bobcat): Korean lift truck manufacturer competing in IC, electric, and warehouse segments globally. Comparable product portfolio and aftermarket structure to Hyster-Yale's.
- Anhui Heli: Largest Chinese forklift manufacturer. Comparable on counterbalanced lift trucks with growing global ambitions; a key Asia-Pacific price competitor.
- Toyota Industries Corporation: World's largest forklift manufacturer and Hyster-Yale's most direct global competitor. Comparable across lift trucks (Toyota, Raymond, Cesab brands), material handling automation, and global dealer footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Hyster-Yale Materials Handling social profiles
Digital presenceHyster-Yale Materials Handling financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hyster-Yale Materials Handling leadership team
Management profileNumber of profiles
Profiles10 records
Hyster-Yale Materials Handling subsidiaries and ownership
Company hierarchySubsidiaries19 records
Hyster-Yale Materials Handling funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hyster-Yale Materials Handling M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hyster-Yale Materials Handling
What does Hyster-Yale Materials Handling do?
Hyster-Yale Materials Handling designs, engineers, manufactures, sells and services industrial lift trucks (forklifts) and related material handling equipment under the Hyster and Yale brands. The portfolio is extended vertically through Bolzoni Group attachments that enable specialized load handling and Nuvera fuel cell and energy solutions for zero-emission power. The company serves warehouse, manufacturing, port, pharmaceutical, e-commerce/3PL and industrial customers globally through a dealer network and direct enterprise sales.
Is Hyster-Yale Materials Handling a public or private company?
Hyster-Yale Materials Handling is a public company. It is classified as public and is currently operating.
When was Hyster-Yale Materials Handling founded?
Hyster-Yale Materials Handling was founded in 2007. It employs 5,001 to 10,000 people.
Where is Hyster-Yale Materials Handling based?
Hyster-Yale Materials Handling is headquartered in Cleveland, United States, in the North America region.
How does Hyster-Yale Materials Handling make money?
Four revenue lines are on record. Lift Trucks are the primary driver. The others are attachments, energy Solutions and aftermarket Parts and Service.
Who are Hyster-Yale Materials Handling's main competitors?
Direct peers on record are Clark Material Handling, Hangcha Group, Kion Group, Jungheinrich, Manitou Group, Crown Equipment, Mitsubishi Logisnext, Doosan Industrial Vehicle (Bobcat), Anhui Heli and Toyota Industries Corporation.
Does Hyster-Yale Materials Handling have an API?
No public API is recorded for Hyster-Yale Materials Handling.
What industry is Hyster-Yale Materials Handling in?
Hyster-Yale Materials Handling's product category is Industrial Lift Trucks and Material Handling Equipment. Its primary akta.pro industry code is IMAKANAE, Conveying, Hoisting & Materials Handling Systems (Conveyors, Stackers/Reclaimers, Winches), with a secondary code of IMAHABAH, Bulk Material Handling Systems (Belt Conveyors, Feeders, Stackers, Reclaimers). Its NAICS code is 333924 and its SIC code is 3537.