GREENVILLE, N.C. (March 29, 2011) – It was announced today that Hyster® lift truck dealer Viccaro Equipment has been acquired by HILO-Yale Industrial Trucks. Named as an authorized Hyster dealer, HILO updated its name to HILO Materials Handling Group to reflect its new dual-dealer status.
Headquartered in Hauppauge, N.Y., HILO has more than 20 years of experience serving Long Island’s Nassau and Suffolk counties. HILO will take over Hauppauge-based Viccaro territories, assets, liabilities and the majority of personnel. The existing Viccaro facility will be rebranded with the HILO name and used for storage purposes only.
About Hyster Company
Based in Greenville, N.C., Hyster Company (www.hyster.com) is a leading worldwide lift truck designer and manufacturer. Hyster Company offers 130 models configured for gasoline, LPG, diesel and electric power, with the widest capacity range in the industry — from 2,000 to 115,000 lbs. Supported by the industry’s largest and most experienced dealer network, Hyster Company builds tough, durable lift trucks that deliver high productivity, low total cost of ownership, easy serviceability and advanced ergonomic features; accompanied by outstanding parts, service and training support.
Hyster Company is an operating division of NACCO Materials Handling Group, Inc. (NMHG), which employs approximately 5,000 people worldwide. NMHG is headquartered in Cleveland, Ohio, and is a wholly owned subsidiary of NACCO Industries, Inc. (NYSE:NC).
For more information, please contact:
Brett Turner
Jackson Marketing Group
864-272-3014
brett.turner@jacksonmg.com