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As a global leader in forklift trucks, Hyster consistently strives for superiority in product quality and safety. However, it started as a producer of lifting equipment and winches. Most of its production was concentrated in the northwest United States and dealt mostly with the wood and logging industry. A couple years after the 1st forklift trucks were invented Hyster became synonymous with quality manufacturing. Over the preceding eighty years Hyster has continued to expand and increase its product line. The growth of its products coupled with its wish to stay service oriented has allowed Hyster to mature into the global participant it is in our day.
The thirty years between 1940's and the 1960's saw a enormous evolution in the amount of products existing under the Hyster brand name. In 1946, Hyster opened a plant in Danville, Illinois that was totally devoted to mass manufacturing trucks. This allowed Hyster to force its costs down and, at the same time, offer a better quality product at industry aggressive rates. In 1952, Hyster began its first foray in to the international production market through opening its first plant in the Netherlands. The Netherlands plant was originally designed to produce two products: Hyster 40" and the Karry Kranes.
Hyster, along with the entire forklift industry, continued to spread out into different product lines throughout the 50's and 60's. They started building container handlers in the US in 1959 to satisfy the ever expanding demand for transportation goods. In 1966, Hyster developed a means for enabling a lift truck to go both forward and backwards using the same pedal. This pedal was termed the Monotrol pedal, which revolutionized the industry. Later in the decade Hyster opened a R&D centre in Oregon that was focused on improving the design and performance of lift trucks. The centre is still one of the world's top testing facilities in the materials handling industry.
As demand for materials handling equipment continued to expand swiftly throughout the 1960's, Hyster needed to reorient its focus towards these new mass markets. As a result, in 1970, the XL design philosophy was born. The XL design philosophy allowed Hyster to afford superior quality at a more reasonable cost. A further expansion in production capabilities was necessitated by the need in Europe for Internal Combustion Engine Vehicles. To fill this hole, a plant in Craigavon, Ireland was opened in 1980. Through the 1980's Hyster continued to focus on developing industry leading forklifts. The Hyster brand name was known throughout the world for its dedication towards quality. This attention to excellence produced numerous suitors for the business. In 1989, a large international corporation based in Ohio called NACCO Industries bought Hyster and began an aggressive expansion strategy. NACCO promptly replaced the XL philosophy with a more driver oriented lift truck that focused on operator comfort, which is identified as the XM generation of lift trucks.
The shift in supply change management to a much more just-in-time focused method has meant that Hyster has had to frequently make investments in new-found technologies. Acquisitions and investments were made in the United States, Italy, Netherlands, and lots of other places all over the world. All of these investments have made Hyster a international leader in the lift truck market. In 2009, Hyster celebrated its eightieth anniversary as an industry leader of materials handling equipment, which consists of over 300 various models of forklift trucks.
