Welcome to our dedicated page for Hyster-Yale news (Ticker: HY), a resource for investors and traders seeking the latest updates and insights on Hyster-Yale stock.
Hyster-Yale Materials Handling, Inc., headquartered in Cleveland, Ohio, is a globally integrated company and a prominent leader in the materials handling industry. Established in 1989, the company provides strategic leadership and global support behind two of the most recognized brands in the sector: Hyster® and Yale®. Hyster-Yale designs, engineers, manufactures, sells, and services an extensive range of lift trucks and aftermarket parts.
Operating through three main business segments—Lift Trucks, Bolzoni, and Nuvera—Hyster-Yale offers solutions tailored to meet the specific needs of over 700 industries worldwide. Their product portfolio includes electric and internal combustion engine lift trucks, warehouse equipment such as pallet trucks and narrow aisle trucks, and heavy-duty container handling equipment capable of handling up to 52 tonnes.
Hyster-Yale’s Lift Truck business is known for its innovative solutions aimed at improving customer productivity at the lowest cost of ownership. Their modular, scalable 2- to 3.5-ton internal combustion engine lift trucks, which are now fully launched globally, exemplify this approach. The company is also advancing in electrification projects, including launching its first electrified fuel cell Container Handler at the Port of Los Angeles.
Bolzoni, a subsidiary specializing in attachments, forks, and lift tables, follows a
Hyster-Yale Materials Handling, Inc. (NYSE: HY) will release its 2023 First Quarter financial results on May 2, 2023, after market close. Following this, a conference call will be held on May 3, 2023, at 11:00 a.m. Eastern Time to discuss the results. Interested participants can register for the call through a dedicated link provided in the press release. The call will also be available via a live webcast on the company's Investor Relations website. A replay of the call will be accessible shortly after its conclusion.
Hyster-Yale is known for offering a range of materials handling solutions, including lift trucks and attachments, primarily under the Hyster and Yale brands, with operations in multiple global markets.
Yale Lift Truck Technologies has expanded the availability of its Yale Reliant™ operator assist solution to 18 lift truck models, including the VNA turret truck and enclosed end rider. The solution, which launched in 2021, employs advanced detection technologies to monitor truck and load status and automatically adjusts performance to enhance safety. With over 2,500 units deployed, Yale Reliant is designed to reduce accidents in warehouses, where nearly 100,000 forklift-related injuries occur annually. The technology is also a finalist for the 2023 Edison Awards, reinforcing its recognition in the industry.
FAQ
What is the current stock price of Hyster-Yale (HY)?
What is the market cap of Hyster-Yale (HY)?
