What Does Hyster Do?

Total employees8400
HeadquartersGreenville
Founded1929

Hyster is a globally recognized designer and manufacturer of a wide range of materials handling equipment, from electric pallet trucks and warehouse equipment to industrial forklifts, container handlers, and reachstackers. Founded in 1929 in the Pacific Northwest of the United States, Hyster has a long history of providing robust and reliable solutions for demanding applications. The brand is known for its innovative approach to product design, focusing on operator ergonomics, productivity, and low cost of ownership. Hyster is a key brand of Hyster-Yale Materials Handling, Inc. (NYSE: HY), serving customers in over 130 countries through a global network of authorized dealers.

Where Is Hyster's Headquarters?

HQ Function

Serves as the primary center for Hyster's operations in North and South America, including sales management, marketing, product development, manufacturing, and after-sales support for the region.

Notable Features:

The Greenville campus includes extensive manufacturing facilities for various Hyster lift trucks, an engineering and design center, and dedicated proving grounds for rigorous product testing and validation.

Work Culture:

The work culture at Hyster's Greenville facility is characterized by a strong emphasis on engineering excellence, innovation in material handling technology, product quality, safety, and a collaborative approach to meeting customer needs.

HQ Significance:

This headquarters is a crucial center for Hyster's presence in the Americas, driving innovation, manufacturing, and market strategy for one of the brand's largest and most important markets.

Values Reflected in HQ: The Greenville headquarters reflects Hyster's core values of durability, innovation, customer-centric solutions, and a commitment to leading the materials handling industry in the Americas.

Location:

Hyster maintains a significant global presence, with manufacturing facilities in the Americas, Europe, and Asia. Supported by a worldwide network of parts distribution centers and over 100 independent dealer partners, Hyster provides sales, service, and support for its comprehensive range of materials handling equipment to customers in more than 130 countries. This extensive network ensures local expertise and rapid response for diverse industries including logistics, manufacturing, ports and terminals, paper, and retail.

Street Address:

1400 Sullivan Drive

City:

Greenville

State/Province:

North Carolina

Country:

USA

Where Else Does Hyster Operate Around the World?

Frimley, Surrey, United Kingdom

Address: Centennial House, Centennial Park, Frimley, Surrey, GU16 7SG, United Kingdom

To manage and expand Hyster's market share and operational footprint in the diverse EMEA market, ensuring products and services meet specific regional requirements and customer demands.

Nijmegen, Netherlands

Address: Bijsterhuizen 11-21, 6546 AR Nijmegen, Netherlands (General area of manufacturing plant)

To efficiently manufacture and distribute Hyster products for the European market, focusing on quality, innovation, and responsiveness to local customer needs.

Shanghai, China

Address: Hyster-Yale (Shanghai) Forklift Truck Co., Ltd., No. 99, Lane 289, Bisheng Road, Pudong New Area, Shanghai, China

To strengthen Hyster's presence and cater to the specific materials handling needs of the Asia-Pacific region, offering localized solutions and comprehensive support.

Buying Intent Signals for Hyster

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Hyster? Meet the Executive Team

As of April 2025, Hyster' leadership includes:

Alfred M. Rankin, Jr. - Non-Executive Chairman of the Board
Rajiv K. Prasad - President and Chief Executive Officer
Kenneth C. Schilling - Senior Vice President, Chief Financial Officer and Treasurer
David B. Furcinitti - Senior Vice President & President, EMEA
Scott A. Minder - Senior Vice President, Chief Digital and Information Officer

Who's Investing in Hyster?

Hyster has been backed by several prominent investors over the years, including:

Hyster is a brand of Hyster-Yale Materials Handling, Inc., a publicly traded company (NYSE: HY).
Rankin Management Inc.
BlackRock Inc.
The Vanguard Group, Inc.
Dimensional Fund Advisors LP

What Leadership Changes Has Hyster Seen Recently?

Hire2
Exits1

Hyster-Yale Materials Handling has experienced key leadership appointments and transitions over the past year, notably in financial leadership and regional management, aimed at reinforcing its strategic initiatives and market position.

Departures

Stephen M. Karas, Stephen M. Karas retired as Vice President and Controller after a distinguished career with the company.

New Appointments:

Christopher S. Keffer, Christopher S. Keffer appointed as Vice President and Controller, bringing his financial expertise to Hyster-Yale.
David B. Furcinitti, David B. Furcinitti appointed as Senior Vice President & President, EMEA, to lead Hyster-Yale's operations and strategy in the region.

What Technology (Tech Stack) Is Used byHyster?

Discover the tools Hyster uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Hyster Email Formats and Examples

Hyster-Yale Materials Handling, Inc., the parent company of Hyster, commonly uses a standardized email format for its employees. The most prevalent format is first_name.last_name@hysteryale.com. While this is the primary structure, minor variations might exist in specific departments or regions.

first.last@hysteryale.com

Format

jane.doe@hysteryale.com

Example

85%

Success rate

What's the Latest News About Hyster?

Hyster-Yale Materials Handling NewsroomMay 7, 2024

Hyster-Yale Announces First Quarter 2024 Results

Hyster-Yale Materials Handling, Inc. reported consolidated net income of $35.9 million, or $2.05 per diluted share, and consolidated revenues of $1.1 billion for the first quarter of 2024. This compares with a consolidated net income of $13.1 million, or $0.76 per diluted share, and consolidated revenues of $1.0 billion for the first quarter of 2023. The company highlighted improved profitability and strong performance in its Lift Truck business....more

Hyster Company News / Material Handling Product NewsJanuary 23, 2024

Hyster High-Capacity Electric Lift Truck Wins 2023 Product of the Year Award

The Hyster J155-190XNL, a high-capacity counterbalanced lift truck powered by integrated lithium-ion battery technology, was voted a 2023 Product of the Year by readers of Material Handling Product News and MaterialHandling247.com. This award recognizes Hyster's innovation in developing advanced electric-powered solutions for heavy-duty material handling applications, offering high performance with zero emissions....more

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