Hyster-Yale Group will invest $25.7 million to expand its facility in Berea, Kentucky by 160,000 sq. ft, greatly increasing manufacturing capacity.
Hyster-Yale plans to add 160,000 square feet to its manufacturing facility in Berea, Kentucky, increasing its size by 30 percent. Construction is expected to begin in the third quarter of 2019.
Hyster-Yale received planning approval for a £5 million ($6.63 million) expansion of its Craigavon, Northern Ireland factory, adding 61,000 sq ft to manufacture a new line of forklift trucks. The expansion is expected to create new jobs.
Balyo signed a 10-year partnership agreement with Hyster-Yale Group, renewing their contract for robotic lift trucks, coinciding with the European market launch of Hyster-Yale Driven by Balyo robotic lift trucks.
Hyster-Yale Group has won a potential five-year, $400 million contract from the Defense Logistics Agency to supply material handling equipment to U.S. military services and federal civilian agencies.
ElectroMech, India's largest overhead crane manufacturer, has signed an agreement with Hyster-Yale Asia-Pacific for the sales and service of Yale and UTILEV lift trucks in India. The partnership aims to cater to a wider range of industries.
| Site | Largest | Latest |
|---|---|---|
| Berea, United States | $25.7M | 2019-11-05 |
| Craigavon, United Kingdom | $6.63M | 2019-03-19 |