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Yale Materials Handling Corporation

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Yale Materials Handling Corporation
Founded 1868
Founder(s) Linus Yale and Henry Towne
Headquarters Greenville. North Carolina, USA
Area served worldwide
Products forklift truck
Parent NACCO Industries
Website http://www.yale.com/

Yale Materials Handling Corporation is a corporation that produces forklift trucks and other material handling equipment. The company was started as a lock manufacturer in 1868 as Yale & Towne Manufacturing. Yale produced its first forklift truck in the 1920's. The company was purchased in 1985 by the North American Coal Corporation (NACCO). It is based in Greenville. North Carolina, USA.

In the 1930s, production of forklifts began in England, and the purchase of BKS fork lift trucks in Germany. In 1969, a joint venture was formed in Japan with the Sumitomo Corporation to produce forklifts from Yale under license. In 1971, the j.v. was named Sumitomo-Yale Co., Ltd. [1]

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