Hyster-Yale Materials Handling announced on December 18, 2024 that it will expand its USA manufacturing to build high-capacity forklifts and container handling equipment that meet the Build America, Buy America (BABA) Act.
The plan
- It covers forklifts over 19,000 pounds and container handlers, including lithium-ion and hydrogen fuel cell models.
- These big trucks are now built in the Netherlands, China and India, not in the USA.
- The Greenville, North Carolina company is choosing a USA production site and expanding domestic sourcing.
- Hyster-Yale has 10 USA locations, including plants in Greenville, North Carolina and Berea, Kentucky. Its Nuvera fuel cells are made in Billerica, Massachusetts.
“We are working to partner with our key domestic suppliers, as well as identifying how best to leverage our own American manufacturing footprint.”
Tony Salgado, Hyster-Yale COO
Why it matters
BABA requires USA-made iron, steel and manufactured products in federally funded roads, bridges, ports and transit. For battery-electric machines, at least 55% of component value must be USA-origin, which pushes suppliers to build here.
FAQ
What is Hyster-Yale building in the USA?
High-capacity forklifts over 19,000 pounds and container handling equipment, including electric models.
Why?
To meet Build America, Buy America rules for federally funded infrastructure projects.
Where are these trucks made now?
Mainly in the Netherlands, China and India.
Source & credit
Source: Hyster-Yale press release, December 18, 2024: “Hyster-Yale announces commitment to Build America, Buy America requirements”.
Additional reporting: WorldCargo News, December 18, 2024: “Hyster-Yale to build BABA compliant big trucks”. Found via Waste Today.