NACCO Materials Handling Group Inc., the wholly-owned subsidiary of Hyster-Yale Materials Handling Inc., Cleveland, OH, will change its corporate name to Hyster-Yale Group Inc., effective Jan. 1.
NMHG designs, engineers, manufactures, sells and services a line of lift trucks and aftermarket parts marketed primarily under the Hyster and Yale brand names.
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.
Hyster-Yale Materials Handling Inc. and Hyster-Yale Group Inc. will also adopt a new corporate logo.
