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Hyster-Yale, Inc.
As of May 30, 2026 at 24:05 UTC
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About Hyster-Yale, Inc.
Hyster Yale Inc designs, engineers, manufactures, sells, and services a comprehensive line of lift trucks, attachments, aftermarket parts, and technology solutions marketed globally under the Hyster and Yale brand names. The company has four segments, which include three in the lift truck business as discussed below, as well as Bolzoni S.p.A. (Bolzoni). The majority of its revenue is generated from Lift Trucks. Geographically, it operates in America, EMEA, and JAPIC regions, of which maximum revenue is generated from its business in America, which includes lift truck operations in the U.S., Canada, Mexico, Brazil, and Latin America.
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Latest News
5 articlesEurope's forklift market is projected to grow from USD 19.8 billion in 2025 to USD 32.6 billion by 2035 at a 5.2% CAGR, driven by increasing demand for electric, digital, and automated solutions. The shift toward sustainability, operational efficiency, and regulatory compliance is reshaping the market, with electric forklifts capturing 53% market share. Germany leads the region with 24% market share, supported by its advanced industrial ecosystem.
Hyster-Yale, Inc. (NYSE:HY) announced that its Board of Directors increased the regular cash dividend from 36 cents to 36.5 cents per share. The dividend will be paid on June 16, 2026, to stockholders of record as of June 1, 2026.
The global electric forklifts market is experiencing robust growth, projected to expand from $72.12 billion in 2025 to $80.42 billion in 2026, with a CAGR of 11.5%, reaching $124.23 billion by 2030. Key growth drivers include e-commerce expansion, warehouse automation, lithium-ion battery adoption, and sustainability mandates. Leading companies are innovating with electric pneumatic forklifts and pursuing strategic acquisitions to strengthen market positions.
The global forklift truck market is experiencing robust growth, expanding from $73.34 billion in 2025 to $78.55 billion in 2026 at a 7.1% CAGR, with projections to reach $105.59 billion by 2030 at 7.7% CAGR. Key growth drivers include rising demand for autonomous and electric forklifts, e-commerce expansion, warehouse automation, and construction sector growth. Asia-Pacific dominates the market, with major innovations in electric pallet trucks and smart fleet management systems.
Hyster-Yale, Inc. (NYSE:HY) announced a regular quarterly cash dividend of $0.36 per share on both Class A and Class B Common Stock, payable on March 13, 2026, to shareholders of record as of February 27, 2026.