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Hyster is a global corporation that builds over 300 unique types of forklifts. However, it began as a manufacturer of lifting equipment as well as winches. Most of its production was concentrated in the Pacific Northwest 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 grow its product line. The expansion of its products coupled with its wish to stay service oriented has allowed Hyster to mature into the international player it is at present.
Hyster experienced major improvements through the 1940's and 1960's. In 1946, Hyster opened a plant in Danville, Illinois that was fully devoted to bulk manufacturing trucks. This allowed Hyster to force its expenses 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 constantly changing needs of Hyster clients and Hyster's capability to continue to innovate led to rapid expansion throughout the 1950's and 1960's. They started building container handlers in the United states in 1959 to meet with the ever growing demand for transportation goods. In 1966, Hyster developed a technique for allowing 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 on in the decade Hyster opened a research and development centre in Oregon that was concentrated on enhancing the design and functionality of forklifts. The centre is still one of the world's best testing facilities in the materials handling industry.
In the 1960's Hyster experienced rapid growth. Much of the manufacturing was shifting in the direction of mass manufacturing. To keep up with the times Hyster was inclined to focus on the evolution of these mass markets. Hence, in 1970, the XL design philosophy was born. The XL design philosophy allowed Hyster to supply superior quality at a more reasonable cost. A further expansion in production capabilities was necessitated by the need in Europe for Internal Combustion Engine Trucks. To fill this gap, a plant in Craigavon, Ireland was opened in 1980. Through the 1980's Hyster continued to concentrate on developing industry leading forklifts. The Hyster company name was recognized throughout the globe for its dedication towards excellence. This attention to excellence brought numerous suitors for the company. In 1989, a large international business based in Ohio called NACCO Industries bought Hyster and began an aggressive expansion strategy. NACCO swiftly replaced the XL philosophy with a more driver oriented lift truck that focused on operator comfort, which is identified as the XM generation of forklifts.
The evolving needs of Hyster's valued clientele, led by changes in supply chain management, required Hyster to continuously innovate and make investments in modern manufacturing technologies throughout the next few decades. Acquisitions and investments were made in the United States, Italy, Netherlands, and a lot of other places all over the world. All of these investments have made Hyster a international leader in the lift truck market. Recently, Hyster celebrated its eightieth anniversary as an industry leader of materials handling equipment, which comprises more than 300 different models of forklift trucks.
