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Papé Acquires Johnson Lift and Expands Coverage as Hyster® Dealer

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GREENVILLE, N.C. (November 16, 2015) – Hyster Company announced today that Papé Material Handling, a division of The Papé Group has expanded its territory coverage with the acquisition of Johnson Lift, a division of Johnson Machinery Co. As a result, Papé Material Handling is now the authorized and exclusive Hyster® dealer in those territories previously covered by Johnson Lift, including eight Southern California counties, Yuma County in Western Arizona and the Baja Norte region of Mexico.

This transaction allows Hyster to maintain the highest level of product availability and service for its customers, and will help Papé Material Handling grow their already successful materials handling business. For over 23 years Papé Material Handling has positively represented the Hyster® brand, receiving the Hyster Dealer of Distinction Award 21 times, which is more than any other dealer since the awards inception – a demonstration of their dedication to excellence and record of performance.

“At Hyster we are committed to staying ahead of our customers’ expectations,” said Bob Sattler, Vice President of Dealer Development for Hyster Company. “Papé Material Handling shares this commitment and we are confident that they will continue to yield the expert service and support which our customers in these territories have come to expect. This transaction is yet another example of how our network of valued and experienced independent dealers keeps getting stronger – an invaluable resource for Hyster customers.”

“Papé is committed to delivering first-rate customer service and quality equipment to our hardworking customers,” said Chris Wetle, President of Papé Material Handling. “Our partnership with Hyster brings us great pride and positions us for even greater success as we expand our operations with the acquisition of Johnson Lift.”

With passion and integrity, Johnson Lift represented the Hyster brand and Hyster dealer network for over 20 years. Johnson Machinery Co. will continue to own and operate its three other divisions; Johnson Machinery, Johnson Power and Ever-Pac.

About Papé Material Handling Inc.
Headquartered in Eugene, Ore., Papé Material Handling, Inc. (www.papemh.com) provides sales, rental, finance, parts and service for customers within the materials handling, warehousing, shipping and freight handling industries, throughout seven western states. Papé Material Handling is the authorized dealer for Hyster, Yale, Genie, Skyjack, V. Mariotti, CombiLift, UTILEV, Load Lifter, JLG, Doosan, Hawker and Crown Battery. Papé Material Handling is part of The Papé Group of Companies.

About The Papé Group Inc.
Headquartered in Eugene, Ore., The Papé Group Inc. (www.pape.com) is a holding company for capital equipment dealerships throughout the West. The businesses of The Papé Group provide full dealership support (new/used equipment, rental, parts, service and finance) for the premier brands of capital equipment used in the construction, agricultural, turf, forestry, trucking and warehousing/materials handling industries. The Papé Group businesses include Papé Machinery Inc., Papé Material Handling Inc., Papé Kenworth, Papé Motive Power, Ditch Witch Northwest and Engineered Products. The operations serve nine western states – from Alaska to California. The cornerstone of all Papé Group operations since the first dealership was founded in 1938 has been its commitment to providing high quality products backed by consistent, quality customer service wherever and whenever needed…to keep you moving.

About Johnson Machinery Co.
Established in 1940, Johnson Machinery Co. (www.johnson-machinery.com) has grown from one location and 12 associates, to seven locations throughout Southern California and over 400 employees. Headquartered in Riverside, Calif., Johnson Machinery is the heavy equipment division and headquarters for the company. The three divisions within Johnson Machinery Co. include Johnson Machinery, Johnson Power and Ever-Pac. The primary manufacturer represented is Caterpillar. Johnson Machinery Co. is proud of a more than 75 year history of providing the best products and service to its customers, with one consistent theme always being present: "Treat people fairly, whether customer or associate. Provide good products and service at reasonable prices."

About Hyster Company
Based in Greenville, N.C., Hyster Company (www.hyster.com) is a leading world-wide lift truck designer and manufacturer. Hyster Company offers 130 lift truck models configured for gasoline, LPG, diesel and electric power, with one of the widest capacity ranges in the industry — from 2,000 to 105,000 lbs. Supported by one of the industry’s largest and most experienced dealer networks, 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 part of NACCO Materials Handling Group (NMHG), a wholly owned subsidiary of Hyster-Yale Materials Handling, Inc. (NYSE:HY). Hyster-Yale Materials Handling, Inc., headquartered in Cleveland, Ohio, and its subsidiaries employ approximately 5,400 people world-wide.