Hyster Forklift Part - Hyster is an industry leader in the materials handling industry that has been in business for over 80 years.  However, it started as a manufacturer of lifting equipment and winches.  Most of its production was concentrated in the northwest United States and dealt primarily with the wood and logging industry.  A couple years after the 1st forklift trucks were invented Hyster became synonymous with quality manufacturing. Over the last 80 years Hyster has continued to get bigger and develop its product line.  The growth of its products coupled with its desire to stay service oriented has allowed Hyster to mature into the intercontinental participant it is at present.
Through the 3 decades between the 1940's and 1960's, Hyster made considerable strides on its pathway to becoming the international leader in the forklift industry it is nowadays. In 1946, Hyster opened a plant in Illinois that was completely committed to bulk manufacturing trucks.  This allowed Hyster to force its costs 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 throughout the 1950's and 60's. They began constructing container handlers in the US in 1959 to satisfy the ever expanding demand for transportation goods.  In 1966, Hyster developed a technique for allowing a lift truck to go both ahead and backwards using the same pedal.  This pedal was known as the Monotrol pedal, which revolutionized the industry. Later on in the decade Hyster opened a research and development centre in Oregon that was concentrated on enhancing the design and performance of lift trucks.  The centre is still one of the world's top testing facilities in the materials handling industry.
The 60's was characterized by rapid growth right through the whole materials handling industry.  Due to this, Hyster considered it necessary to refocus its strategy towards these emergent mass markets. Accordingly, in 1970, the XL design philosophy was born.  The XL design philosophy allowed Hyster to offer better quality at a more inexpensive cost. A further expansion in manufacturing capabilities was necessitated by the need in Europe for Internal Combustion Engine Vehicles.  To plug this gap, a plant in Craigavon, Ireland was opened in 1980.  Through the 80's Hyster continued to focus on developing industry leading forklifts.  The Hyster brand name was known throughout the world for its commitment towards excellence.  This attention to quality brought numerous suitors for the business. In 1989, a large multinational corporation based in Round Rock called NACCO Industries purchased Hyster and started an aggressive growth strategy.  NACCO rapidly replaced the XL philosophy with a more driver oriented truck that concentrated on operator comfort, which is identified as the XM generation of lift trucks.
The shift in supply change management to a much more just-in-time focused method has meant that Hyster has had to frequently invest in brand new technologies.  Acquisitions and investments were made in the United States, Italy, Netherlands, and many other places throughout the world.  All of these investments have made Hyster a international leader in the lift truck market.  Recently, Hyster celebrated its 80th anniversary as an industry leader of materials handling equipment, which consists of over 300 various models of forklift trucks.
                            
                                                            
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