Hyster-Yale Materials Handling, Inc. announced today that its wholly-owned operating subsidiary, NACCO Materials Handling Group, Inc., which 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 will change its corporate name to Hyster-Yale Group, Inc. effective January 1, 2016. Also, in connection with this name change, Hyster-Yale Materials Handling, Inc. and Hyster-Yale Group, Inc. will adopt a new corporate logo on January 1, 2016.

The name change is designed to reinforce Hyster-Yale Group’s position as the operating company under Hyster-Yale Materials Handling, Inc. and to eliminate any confusion created by continuing to use NACCO in the operating company name subsequent to the 2012 spin-off of Hyster-Yale Materials Handling from NACCO Industries, Inc.

“The new Hyster-Yale Group name and logo reflect a combination of tradition and progress. While our identity may be new, we remain committed to delivering high quality and innovative products across all our brands, including Hyster®, Yale®, UTILEV® and Nuvera®,” said Colin Wilson, President and Chief Executive Officer of NACCO Materials Handling Group. “The new name and logo further unify our identities and underscore our ongoing commitment to all of our brands, and create an umbrella under which the company will focus on executing its core strategic initiatives.”

For more information about Hyster-Yale and its brands, visit the Company’s website at www.hyster-yale.com.

Today's top stories

Jobseekers Leveraging Career Market for In-Demand Skilled Trades

Value in Remanufacturing Construction Equipment: Reduce Cost, Downtime, Carbon Footprint

Buckley, PennDOT Restore I-95 to Usefulness in Philly

Meta Plans to Build $800M Next-Generation Data Center in Montgomery, Ala.

Demolition Crews Bring Down Largest Span of Baltimore's Collapsed Key Bridge

Flo Engineering Restoring Access to Critical Highway in California

Webber Working to Complete $300M Texas Interchange Project

Bobcat Installs Innovative Stationary Fuel Cells From HyAxiom at Two of Its Facilities