More Forklift Distribution Mergers
Friday, January 8th, 2010A few days ago, I posted a note about Yale dealer NITCO Material Handling taking over the Hyster dealership in its territory. I said:
Though the announcement doesn’t explicitly say so, the combination of NITCO, a Yale dealer, with the Hyster dealer in its territory would appear to be another instance of NACCO Materials Handling Group, the owner of both Yale and Hyster, strategy to allow distributors to carry both lines for the first time. To my knowledge, Arnold Machinery Company (Salt Lake City, UT) is so far the only dealer to take advantage of this arrangement.

Well, yesterday word came that, indeed, NITCO is taking on both lines by way of a press release from NMHG stating:
NACCO Materials Handling Group, Inc. (NMHG) has appointed Northland Industrial Truck Company, Inc (NITCO) as the Hyster dealer for Connecticut, Maine, New Hampshire, Rhode Island and parts of Vermont and Massachusetts. In addition, NITCO will remain the Yale dealer in Maine, New Hampshire and part of Massachusetts.
In a separate NMHG release I received yesterday, it was confirmed that Alta Lift Truck is now a distributor for both Hyster and Yale in certain markets. This is going to be an interesting trend to follow in 2010. I’d be interested to know what other people think about this.





To those of us who spent last night watching TCU play Boise State in the Fiesta Bowl, we made the wrong decision. Airing at the same time on ABC was a new reality show, Conveyor Belt of Love. Think of it as speed dating meets material handling.