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Hyster is now a global leader in forklifts along with warehousing solutions. However, it started as a producer of lifting equipment as well as winches. Most of its production was focused in the Pacific Northwest and dealt mostly with the lumber and logging industry. A couple years after the 1st forklift trucks were invented Hyster became synonymous with quality manufacturing. Over the last eighty years Hyster has continued to expand and develop its product line. The expansion of its products coupled with its wish to stay service oriented has allowed Hyster to mature into the worldwide participant it is at the moment.
The thirty years between 1940's and the 1960's saw a enormous evolution in the amount of products offered under the Hyster brand name. In 1946, Hyster opened a plant in Danville, Illinois that was exclusively devoted to mass manufacturing trucks. This allowed Hyster to force its expenses down and, simultaneously, 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.
Hyster continued to aggressively expand its manufacturing operations throughout the 1950's and 60's. They started building container handlers in the United states in 1959 to satisfy 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 labeled as the Monotrol pedal, which revolutionized the industry. Later in the decade Hyster opened a research and development centre in Oregon that was concentrated on improving the design and performance of lift trucks. The centre is still one of the world's greatest testing facilities in the materials handling industry.
The 1960's was characterized by rapid growth right through the entire materials handling industry. Due to this, Hyster needed to refocus its approach towards these emergent mass markets. Hence, in 1970, the XL design philosophy was born. The XL design philosophy allowed Hyster to afford greater 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 plug this hole, a plant in Craigavon, Ireland was opened in 1980. Through the eighties Hyster continued to focus on developing industry leading lift trucks. The Hyster company name was known throughout the world for its dedication towards quality. This attention to excellence produced many suitors for the enterprise. In 1989, a large international company based in Ohio called NACCO Industries bought Hyster and began an aggressive growth plan. NACCO swiftly replaced the XL philosophy with a more driver oriented lift truck that concentrated on operator comfort, which is known as the XM generation of trucks.
The shift in supply change management to a much more just-in-time focused approach has meant that Hyster has had to constantly invest in new-found technologies. Acquisitions and investments were made in the US, 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. In 2009, Hyster celebrated its 80th anniversary as an industry leader of materials handling equipment, which consists of over 300 assorted styles of forklift trucks.
