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Hyster is presently a world leader in forklifts and warehousing solutions. However, it began as a manufacturer of lifting machines and winches. Most of its production was concentrated in the northwest United States and dealt primarily with the lumber and logging industry. A couple years after the 1st forklift trucks were invented Hyster became synonymous with quality production. Over the last eighty years Hyster has continued to expand and develop its product line. The growth of its products coupled with its wish to stay service oriented has allowed Hyster to grow into the worldwide player it is today.
Hyster experienced major innovations through the 1940's and 1960's. In 1946, Hyster opened a plant in Illinois that was entirely devoted to bulk producing trucks. This allowed Hyster to drive its costs down and, at the same time, offer a better quality product at industry competitive 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.
The ever varying needs of Hyster customers and Hyster's ability to continue to innovate led to rapid growth throughout the 1950's and sixties. They started building container handlers in the US in 1959 to satisfy the ever growing demand for transportation goods. In 1966, Hyster developed a system for enabling a lift truck to go both forward and backwards using the same pedal. This pedal was known as the Monotrol pedal, which revolutionized the industry. Later in the decade Hyster opened a R and D centre in Oregon that was focused on enhancing the design and functionality of lift trucks. The centre is still one of the world's best testing facilities in the materials handling industry.
The sixties was characterized by rapid growth throughout the whole materials handling industry. Due to this, Hyster considered it necessary to refocus its approach towards these developing mass markets. Thus, in 1970, the XL design philosophy was born. The XL design philosophy allowed Hyster to supply superior quality at a more affordable price. A further expansion in production capabilities was necessitated by the demand in Europe for Internal Combustion Engine Trucks. To plug this hole, a plant in Craigavon, Ireland was opened in 1980. Through the eighties Hyster continued to concentrate on developing industry leading lift trucks. The Hyster company name was recognized throughout the globe for its commitment towards superiority. This attention to quality brought many suitors for the enterprise. In 1989, a large international corporation based in Ohio called NACCO Industries bought Hyster and began an aggressive expansion plan. NACCO swiftly changed the XL philosophy with a more driver oriented truck that focused on operator comfort, which is well-known as the XM generation of trucks.
With the global change towards just-in-time administration procedures, Hyster has been required to keep up with the trends through investment in new and diverse technologies. Acquisitions and investments were made in the US, Italy, Netherlands, and countless other places throughout the world. All of these investments have made Hyster a global leader in the forklift market. In 2009, Hyster celebrated its eightieth anniversary as an industry leader of materials handling equipment, which includes over 300 various styles of forklift trucks.
