| Founded | 1913 |
|---|---|
| Headquarters | Mayfield Heights, Ohio, USA |
| Subsidiaries |
North American Coal Corporation NACCO Materials Handling Group NACCO Housewares Group |
| Website | http://www.nacco.com/ |
NACCO Industries, Inc. is a publicly traded holding company, headquartered in Mayfield Heights, Ohio, in the USA, involved in the lift-truck, housewares, and mining industries. As of 2007, the company is ranked in the Fortune 1000. Its subsidiaries include NACCO Materials Handling Group (NMHG), NACCO Housewares Group, and the North American Coal Corporation.
History[]
NACCO originated in 1913 with the incorporation of the The Cleveland and Western Coal Company. The name was changed to The North American Coal Corporation (NACCO) in 1925, and the company operated exclusively in the coal industry until the acquisition of Yale Materials Handling Corporation in 1985. This was followed in 1986 by creation of the holding company under the name NACCO Industries, Inc. In 1988, NACCO Industries expanded into housewares with the purchase of Proctor-Silex, and expanded its presence in the materials handling industry by adding the Hyster Company in 1989.
Subsidiaries[]
- North American Coal Corporation
- NACCO Materials Handling Group
- NACCO Housewares Group
- Proctor-Silex
See also[]
- Holding Companies
References / sources[]
based on wikipedia stub
External links[]
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