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As a worldwide leader in forklift trucks, Hyster always strives for superiority in product quality and safety. However, it began as a manufacturer of lifting machinery and winches. Most of its production was focused in the northwest United States and dealt primarily with the timber 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 get bigger and increase its product line. The growth of its products coupled with its want to stay service oriented has allowed Hyster to grow into the international participant it is at present.
In the period between 1940 and 1960, Hyster continued its development throughout the western world. In 1946, Hyster opened a plant in Illinois that was fully devoted to mass producing trucks. This allowed Hyster to drive its expenses 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 continued to aggressively expand its production operations all the way through the 50's and 60's. They began constructing container handlers in the United states in 1959 to satisfy the ever expanding demand for transportation goods. In 1966, Hyster developed a process 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 on in the decade Hyster opened a R&D centre in Oregon that was focused on improving the design and functionality of lift trucks. The centre is still one of the world's best testing facilities in the materials handling industry.
In the 1960's Hyster experienced rapid expansion. Much of the manufacturing was shifting towards bulk production. 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 inexpensive cost. A further expansion in production capabilities was necessitated by the demand in Europe for Internal Combustion Engine Trucks. To plug this gap, a plant in Craigavon, Ireland was opened in 1980. Through the 80's Hyster continued to concentrate on developing industry leading lift trucks. The Hyster brand name was recognized throughout the world for its dedication towards excellence. This attention to quality produced numerous suitors for the enterprise. In 1989, a large international corporation based in Ohio called NACCO Industries bought Hyster and started an aggressive expansion plan. NACCO promptly changed the XL philosophy with a more driver oriented truck that concentrated on operator comfort, which is well-known as the XM generation of forklifts.
The changing requirements of Hyster's consumers, led by improvements in supply chain management, required Hyster to constantly innovate and make investments in new production systems during the next few decades. Acquisitions and investments were made in the United States, Italy, Netherlands, and numerous other places throughout the globe. All of these investments have made Hyster a worldwide leader in the forklift market. Recently, Hyster celebrated its eightieth anniversary as an industry leader of materials handling equipment, which includes over 300 assorted models of forklift trucks.
