Losses continue for Hyster-Yale’s Nuvera business
NewsHyster-Yale Materials Handling, Inc’s Nuvera subsidiary booked a loss of US$34.3M in 2022; forecasts a similar loss in 2023.
Hyster-Yale adds factory in China
Hyster-Yale has announced an agreement to purchase 75% of the shares in Zhejiang Maximal Forklift Company Limited (Maximal) for US$90M. The remaining 25% of the shares will be owned by current Maximal senior management.
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