Hyster Company

Alta Equipment Group to Acquire Hilo Equipment & Services

Retrieved on: 
Thursday, June 18, 2020

Alta Equipment Group Inc. (NYSE: ALTG) today announced that it has entered into a definitive agreement to acquire Hilo Equipment & Services, a privately held distributor of material handling equipment with three branches in the New York City metro area.

Key Points: 
  • Alta Equipment Group Inc. (NYSE: ALTG) today announced that it has entered into a definitive agreement to acquire Hilo Equipment & Services, a privately held distributor of material handling equipment with three branches in the New York City metro area.
  • Hilo sells new and used material handling equipment, partnering with industry leading manufacturers including Hyster-Yale Group Inc., Kelley and JLG, and offers repairs and maintenance with an award-winning service team.
  • Hilo generated approximately $50 million in revenue and had Adjusted EBITDA of approximately $3.0 million in FY2019.
  • About Alta Equipment Group Inc.
    Alta owns and operates one of the largest integrated equipment dealership platforms in the U.S.

Hyster Launches Practical, Affordable UT Class V Series Forklift

Retrieved on: 
Thursday, June 4, 2020

GREENVILLE, N.C., June 4, 2020 /PRNewswire/ --Hyster Company announces its new H40-70UT Series, a sit-down, counterbalanced forklift for customers seeking a practical, cost-effective solution that is backed by the power of the Hyster name.

Key Points: 
  • GREENVILLE, N.C., June 4, 2020 /PRNewswire/ --Hyster Company announces its new H40-70UT Series, a sit-down, counterbalanced forklift for customers seeking a practical, cost-effective solution that is backed by the power of the Hyster name.
  • "The Hyster UT Series rounds out our comprehensive range of lift trucks, which includes the Fortis and XT lines, allowing customers to find the right truck for the right application at the right price," says Jennifer Meyers, Brand Manager, Hyster Company.
  • "Like all of our Hyster trucks, the UT Series comes with the support of the Hyster Dealer Network and readily available genuine Hyster parts."
  • The 4,000 to 7,000-pound capacity internal combustion engine model is the first in the line of UT Series trucks to be released.

DGAP-News: Grammer becomes Strategic Supplier of Global Forklift Platforms for Hyster-Yale Group, Inc.

Retrieved on: 
Tuesday, June 2, 2020

Grammer becomes Strategic Supplier of Global Forklift Platforms for Hyster-Yale Group, Inc.

Key Points: 
  • Grammer becomes Strategic Supplier of Global Forklift Platforms for Hyster-Yale Group, Inc.
  • Grammer becomes Strategic Supplier of Global Forklift Platforms for Hyster-Yale Group, Inc.
    Amberg, June 2nd, 2020 - Grammer AG, an international supplier of seating systems for the commercial vehicles sector, has concluded a strategic relationship with one of the leading manufacturers of material handling systems.
  • This means that Grammer will manufacture the seats for the new forklift platform of the Hyster-Yale Group, Inc. for both the European and US markets.
  • "This strategic relationship with Hyster-Yale is a further confirmation of Grammer's attractive product portfolio and leading global footprint.

Hyster-Yale Materials Handling Announces First Quarter 2020 Results

Retrieved on: 
Tuesday, May 5, 2020

In the first quarter of 2020, the Americas' operating profit increased to $38.5 million from $15.3 million in the first quarter of 2019.

Key Points: 
  • In the first quarter of 2020, the Americas' operating profit increased to $38.5 million from $15.3 million in the first quarter of 2019.
  • EMEA had an operating loss of $4.5 million in the first quarter of 2020 compared with breakeven results in the first quarter of 2019.
  • Bolzoni's operating profit increased to $2.7 million in the first quarter of 2020 from $1.2 million in the 2019 first quarter.
  • Hyster-Yale Materials Handling, Inc., headquartered in Cleveland, Ohio, offers a broad array of solutions to meet the specific materials handling needs of customers' applications.

Hyster-Yale Materials Handling, Inc. Announces Dates Of 2020 First Quarter Earnings Release And Conference Call

Retrieved on: 
Monday, May 4, 2020

For those not planning to ask a question of management, the Company recommends listening via the webcast.

Key Points: 
  • For those not planning to ask a question of management, the Company recommends listening via the webcast.
  • To access the webcast of the call, go to www.hyster-yale.com .
  • Hyster-Yale Materials Handling, Inc., headquartered in Cleveland, Ohio, offers a broad array of solutions to meet the specific materials handling needs of customers' applications.
  • For more information about Hyster-Yale Materials Handling, Inc. and its subsidiaries, visit the Company's website at www.hyster-yale.com .

2020 Automated Guided Vehicle (AGV) Industry Report - Key Players are Kion Group, Toyota Industries, ABB Group, John Bean Technologies, Daifuku Co, and the Krones Group

Retrieved on: 
Thursday, March 26, 2020

With growing interest and a move toward automated systems and innovations, the automated market for guided vehicles has seen growth in recent years.

Key Points: 
  • With growing interest and a move toward automated systems and innovations, the automated market for guided vehicles has seen growth in recent years.
  • Technological advances, especially in the navigation area, have played an important role in increasing the adoption of automated guided vehicle in the manufacturing sector.
  • Based on the Analysis presented in the Cardinal matrix, Kion Group, Toyota Industries Corporation, ABB Group, John Bean Technologies Corporation, Daifuku Co., Limited, and The Krones Group are some of the forerunners in the Automated Guided Vehicle Market.
  • Companies such as Hyster-Yale Materials Handling, Inc., Kuka AG, and Oceaneering International, Inc. are some of the key innovators in Automated Guided Vehicle Market.

Global Automated Guided Vehicle (AGV) Market Analysis, 2020 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 25, 2020

The Global Automated Guided Vehicle Market size is expected to reach $5.4 billion by 2025, rising at a market growth of 13.6% CAGR during the forecast period.

Key Points: 
  • The Global Automated Guided Vehicle Market size is expected to reach $5.4 billion by 2025, rising at a market growth of 13.6% CAGR during the forecast period.
  • With growing interest and a move toward automated systems and innovations, the automated market for guided vehicles has seen growth in recent years.
  • Companies such as Hyster-Yale Materials Handling, Inc., Kuka AG, and Oceaneering International, Inc. are some of the key innovators in Automated Guided Vehicle Market.
  • Following this collaboration, JBT is launching a new dual-mode automated guided vehicle to the market powered by Hyster-Yale.

Hyster-Yale Materials Handling, Inc. Announces Dates Of 2019 Fourth Quarter And Full Year Earnings Release And Conference Call

Retrieved on: 
Wednesday, February 19, 2020

To access the call, go to www.hyster-yale.com .

Key Points: 
  • To access the call, go to www.hyster-yale.com .
  • Hyster-Yale Materials Handling, Inc., headquartered in Cleveland, Ohio, offers a broad array of solutions to meet the specific materials handling needs of customers' applications.
  • Hyster-Yale Group also has significant joint ventures in Japan (Sumitomo NACCO) and in China (Hyster-Yale Maximal).
  • For more information about Hyster-Yale Materials Handling, Inc. and its subsidiaries, visit the Company's website at www.hyster-yale.com .

Hyster-Yale Materials Handling, Inc. To Participate In Bank of America Merrill Lynch 2019 Leveraged Finance Conference

Retrieved on: 
Tuesday, November 26, 2019

CLEVELAND, Nov. 26, 2019 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) announced today that its management will participate in the Bank of America Merrill Lynch 2019 Leveraged Finance Conference taking place at the Boca Raton Resort & Club in Boca Raton, Florida on Tuesday, December 3, 2019.

Key Points: 
  • CLEVELAND, Nov. 26, 2019 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) announced today that its management will participate in the Bank of America Merrill Lynch 2019 Leveraged Finance Conference taking place at the Boca Raton Resort & Club in Boca Raton, Florida on Tuesday, December 3, 2019.
  • The presentation is scheduled to start on Tuesday at 11:30 am ET and will be webcast live with viewer-controlled slides.
  • The webcast may be accessed in the Investors section of the Company's website, www.hyster-yale.com , at least 15 minutes prior to the event.
  • Hyster-Yale Materials Handling, Inc., headquartered in Cleveland, Ohio, offers a broad array of solutions to meet the specific materials handling needs of customers' applications.

Hyster-Yale Materials Handling, Inc. To Participate In 2019 Southwest Ideas Investor Conference

Retrieved on: 
Tuesday, November 12, 2019

CLEVELAND, Nov. 12, 2019 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) announced today that its management will participate in the 2019 Southwest Ideas Investor Conference taking place at the Westin Dallas Downtown in Dallas, Texas on Wednesday, November 20, 2019.

Key Points: 
  • CLEVELAND, Nov. 12, 2019 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE:HY) announced today that its management will participate in the 2019 Southwest Ideas Investor Conference taking place at the Westin Dallas Downtown in Dallas, Texas on Wednesday, November 20, 2019.
  • The presentation is scheduled to start on Wednesday at 4:00 pm ET / 3:00 pm CT and will be webcast live with viewer-controlled slides.
  • The webcast may be accessed at the conference website, www.IDEASConferences.com or in the Investors section of the Company's website, www.hyster-yale.com , at least 15 minutes prior to the event.
  • Hyster-Yale Materials Handling, Inc., headquartered in Cleveland, Ohio, offers a broad array of solutions to meet the specific materials handling needs of customers' applications.