traded as nyse nc founded 1913 headquarters cleveland ohio united states key people alfred m. rankin jr. chairman president and chief executive officer products lift trucks small appliances specialty retail and mining revenue us 3.3 billion fy 2011 operating income us 174.1 million fy 2011 net income us 162.1 million fy 2011 total assets us 1.8 billion fy 2011 total equity us 576.2 million fy 2011 number of employees 9 300 divisions north american coal corporation hamilton beach brands kitchen collection website www.nacco.com nacco industries inc. is an american publicly traded holding company headquartered in cleveland ohio involved in the coal mining small appliance and specialty retail industries . its subsidiaries include the north american coal corporation hamilton beach brands and kitchen collection . contents 1 history 2 see also 3 references 4 external links history edit nacco industries originated in 1913 with the incorporation of the cleveland and western coal company . the name was changed to the north american coal corporation nacco in 1925 and the company operated exclusively in the coal industry until the acquisition of yale materials handling corporation in 1985 . this was followed in 1986 by creation of the holding company under the name nacco industries inc. nacco industries expanded into housewares with the purchase of proctor silex in 1988 1 and hamilton beach in 1990 2 and expanded its presence in the materials handling industry by adding the hyster company in 1989 . 3 yale materials handling corporation and the hyster company were combined to form nacco materials handling group which was spun off in 2012 . 4 see also edit le gourmet chef references edit nacco company history . nacco industries . retrieved 26 september 2014 . nacco company history . nacco industries . retrieved 26 september 2014 . nacco company history . retrieved 26 september 2014 . nacco industries to complete hyster yale spinoff to shareholders today external links edit wikimedia commons has media related to nacco industries . official website v t e nacco industries subsidiaries hamilton beach le gourmet chef north american coal corporation proctor silex former subsidiaries hyster company yale materials handling corporation retrieved from https en.wikipedia.org w index.php title nacco industries & oldid 743405588 categories holding companies of the united statescompanies listed on the new york stock exchangecompanies established in 1913coal companies of the united statesforklift truck manufacturerssmall appliance manufacturersretail companies of the united statescompanies based in clevelandconglomerate companies of the united states1913 establishments in ohiohidden categories commons category with page title same as on wikidataofficial website different in wikidata and wikipedia navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version in other projects wikimedia commons languages deutsch edit links this page was last modified on 9 october 2016 at 14 14 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view