Hyster-yale announces strategic business realignment

Cleveland , april 30, 2025 /prnewswire/ -- hyster-yale, inc. (nyse: hy) (the "company") today announced a strategic business realignment of its nuvera fuel cell business designed both to increase near term profits and to create an integrated energy solutions program at nuvera's billerica facility which will be part of its hyster-yale materials handling (hymh) business. that program will include hymh's: development, manufacturing, and commercialization of its lithium-ion battery modules, battery chargers, battery management systems, and energy management activities.
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