Hyster-Yale unveils "Robotic Reach Truck" for high-bay cold storage. Jul 03, 2026. Hyster-Yale has announced a fully autonomous version of its high-reach forklift, specifically engineered for automated cold storage warehouses. Operating in -30°C deep-freeze environments is physically demanding for human operators, limiting shift lengths and increasing labor costs. The new Hyster Robotic Reach Truck utilizes a hybrid navigation system combining LiDAR (Light Detection and Ranging) and 3D vision cameras to navigate aisles and position forks. The critical innovation is the "Freeze-Tech" sensor suite. Standard optical sensors often fog up or fail in sub-zero temperatures. Hyster-Yale has developed heated, nitrogen-purged enclosures for the LiDAR sensors and cameras, keeping the internal optics above 5°C even when the ambient temperature is -30°C. This ensures the machine can accurately detect rack labels and pallet voids without the performance degradation associated with condensation. The reach truck also features automated fork sway control. In high-bay racking (up to 12 meters), a stationary robot mast can settle slightly after stopping. The robotic system uses an accelerometer to detect this settling and waits for the mast to stabilize before extending the forks. It then uses a laser range finder to locate the pallet entry holes with millimeter accuracy. By removing the operator from the freezer, the system allows for continuous 24-hour operation without the physiological limitations of cold stress, drastically increasing throughput in temperature-sensitive logistics. No Information

K2 Pure Solutions and PACC Services collaborate with Hyster-Yale to advance hydrogen adoption across Northern California. Local, low-carbon hydrogen supply from Pittsburg, CA will power Hyster-Yale's HydroCharge(TM) rollout across key logistics and port corridors. PITTSBURG, CA (Embargoed until June 10, 2026) - K2 Pure Solutions and PACC Services, LLC today announced a Hydrogen Supply Agreement (HSA) with Hyster-Yale Materials Handling, Inc., a global leader in lift truck manufacturing and fuel cell-powered material handling solutions. The agreement secures a dedicated, local supply of low- carbon gaseous hydrogen to support the rollout of its Nuvera(R) HydroCharge(TM) mobile charging system across the Bay Area, Sacramento, and Northern California's major port and logistics corridors. HydroCharge delivers grid-independent, zero-emission mobile power and EV fast charging using hydrogen fuel cells, enabling fleets, construction sites, events, and municipalities to electrify operations without waiting for grid upgrades or permanent charging infrastructure. The collaboration addresses two of the most critical barriers facing hydrogen fleet operators in California: cost and supply security. Hydrogen sourced closer to the point of use reduces transportation and logistics expenses, improving total cost of ownership for fleet operators. Northern California is one of the most active hydrogen markets in North America. It's driven by corporate decarbonization commitments and a dense concentration of distribution centers, cold storage facilities, and port operations. For these operators, hydrogen fuel cells offer a clear path to reducing emissions without sacrificing productivity. Despite strong demand, adoption has been constrained by limited access to reliable, locally sourced hydrogen. K2's Pittsburg facility in the East Bay directly addresses this gap, providing a strategically positioned supply for customers across the region's key logistics corridors. "This agreement reflects what we set out to build with our hydrogen program, a reliable, low-carbon supply serving industrial customers in our own region," said Howard Brodie, CEO of K2 Pure Solutions. "Hyster-Yale and its Northern California customer base are a natural fit for what we can deliver. Just as important, this supply is built on the same operational foundation that has defined K2 for decades, an outstanding environmental, health, and safety record and a process designed to minimize risk at every stage of production and delivery," he continued. "Commissioned since 2011, safety is a core value at K2, a recipient of the Chlorine Institute's Platinum Level Process Safety Performance Award, one of the industry's most rigorous safety recognitions for chlor- alkali producers." Hydrogen produced at K2's chlor-alkali facility is a low-carbon byproduct of its existing manufacturing process, requiring no natural gas reforming or standalone electrolysis infrastructure. The facility is targeting commercial availability in Q3 2026, with PACC Services serving as the exclusive commercial partner responsible for contracting, logistics coordination, and supply chain management. For HydroCharge customers, the agreement solves a practical challenge: sourcing hydrogen that is both commercially viable and geographically aligned with operations. Ports, distribution centers, and cold storage facilities across the Bay Area and Sacramento regions operate high-utilization EV forklift fleets, making them ideal candidates for fuel cell adoption. "Local, reliable production is foundational to HydroCharge's path to scaling," said Cameron Kasper, Business Development Lead, Energy Solutions at Hyster-Yale Materials Handling. "By securing supply from K2's East Bay facility, we reduce supply chain risk while delivering predictable economics and a low-carbon domestic hydrogen source. Combined with our logistics and procurement capabilities, this collaboration expands both our market reach and environmental impact." For operators currently transitioning to lithium-ion while awaiting broader fuel cell availability, the K2 supply relationship creates a clear on-ramp, supporting both near- term electrification goals and long-term hydrogen adoption. "We structured this agreement to support exactly what Hyster-Yale is building in Northern California," said Andrew Carman, Chief Executive Officer of PACC Services. "Local production delivers lower costs and real supply security - two things that have historically been difficult to deliver in this market. This is the kind of infrastructure that makes hydrogen adoption viable at scale." PACC Services, which holds an exclusive Hydrogen Marketing Agreement with K2, structured and negotiated the Hyster-Yale HSA as part of its broader commercial buildout, managing the commercial interface between production and end customers. The Hyster-Yale agreement represents one of the first committed offtake collaborations ahead of K2's planned commercial launch. ### About K2 Pure Solutions K2 Pure Solutions is a leading producer of chlor-alkali products driven by a clear mission: Making Life Safer. Delivering high-purity bleach, caustic soda, and low-carbon hydrogen, K2 supports essential infrastructure across water treatment, industrial manufacturing, and emerging clean energy applications. Through its inherently safe technology, K2 transforms salt, water, and electricity into critical products that power modern communities and industries with a strong commitment to operational excellence, process safety, and environmental responsibility. As demand for reliable water treatment solutions and low-carbon hydrogen continues to grow, K2's integrated production model positions the company as a critical infrastructure partner supporting both public health and the clean energy transition. Recognized with the Chlorine Institute Platinum Level Process Safety Performance Award, K2 is also committed to creating lasting community impact through initiatives focused on clean water access, STEM education, and underserved communities. Visit https://k2pure.com/ for more information. About PACC Services LLC PACC builds the commercial bridge between production and end-use markets for hydrogen and other molecules. As a market-maker, PACC develops strategic collaborations and commercial structures that connect reliable supply with growing demand across North America. Website: pacc.services [email protected] About Hyster-Yale Materials Handling, Inc. Hyster-Yale Materials Handling, Inc., designs, engineers, manufactures, sells and services a comprehensive line of lift trucks, aftermarket parts and technology and energy solutions marketed globally primarily under the Hyster(R), Yale(R), Nuvera(R) and Maximal(R) brand names. Hyster-Yale Materials Handling's subsidiary, Bolzoni S.p.A., is a leading worldwide producer of attachments, forks and lift tables marketed under the Bolzoni(R), Auramo(R) and Meyer(R) brand names. Hyster-Yale Materials Handling also has an unconsolidated joint venture in Japan with Sumitomo NACCO Forklift Co., Ltd. Hyster-Yale Materials Handling, is a wholly owned subsidiary of Hyster-Yale, Inc. (NYSE: HY). For more information about the company, visit https://hymh.hyster- yale.com. To learn more about the company's Nuvera brand or HydroCharge(TM), visit www.nuvera.com.

Hyster-Yale Q1 2026 earnings: revenue misses $795.2 million. Published on May 06, 2026 As seen on: Hyster-Yale reported Q1 2026 revenue of $795.2 million, down 13% year over year, with a net loss of $30.5 million and diluted EPS of $(1.71) as tariffs and weaker mix hit margins. Shares last closed at $40.10, up 4.02% on the day of the release, with flat after-hours movement. About Hyster-Yale. Hyster-Yale, Inc. (NYSE: HY) is a global lift truck and materials handling solutions company headquartered in Cleveland, Ohio, operating through its Hyster, Yale, Nuvera, Maximal, Bolzoni, Auramo, and Meyer brands. The company designs, engineers, manufactures, sells, and services a broad line of lift trucks, attachments, parts, and related energy and automation solutions for customers worldwide. Hyster-Yale traces its roots back to early 20th century lift truck operations and today runs a globally integrated footprint with manufacturing and engineering operations across the Americas, EMEA, and JAPIC regions. The business is organized primarily around its Lift Truck segment and Bolzoni attachment business, which together generated $795.2 million of consolidated revenue in Q1 2026. As of Q1 2026, Hyster-Yale carried $505.3 million of debt, $81.8 million of cash, and $423.5 million of net debt, with last-twelve-month adjusted EBITDA of $22.2 million. Top financial highlights. * Q1 2026 consolidated revenues were $795.2 million, down 13% from $910.4 million in Q1 2025, reflecting a shift to lighter duty, lower priced trucks and backlog depletion. * Consolidated operating loss was $28.0 million, versus operating profit of $21.3 million a year ago, including about $30 million of gross tariff costs. * Net loss attributable to stockholders was $30.5 million, compared with net income of $8.6 million in Q1 2025. * Diluted EPS came in at $(1.71), down from $0.48 in the prior-year quarter. * Adjusted net loss was $29.3 million and adjusted diluted EPS was $(1.64), excluding restructuring and impairment charges. * Gross profit declined to $124.8 million from $177.7 million, as mix, tariffs, and lower volumes pressured margins. * Operating cash flow used $32.9 million, a modest improvement from $36.4 million of use in Q1 2025, driven by working capital and seasonal factors. * Lift Truck revenues were $739.7 million, down 14% year over year; Bolzoni revenues were $82.9 million, up 3%. * By geography, Lift Truck revenues were $578.4 million in the Americas, $126.0 million in EMEA, and $35.3 million in JAPIC, with JAPIC down 25% year over year. * Consolidated gross profit for Lift Trucks was $104.3 million, with segment operating loss of $27.9 million; Bolzoni delivered gross profit of $20.5 million with a small operating loss of $0.1 million. * Cash on hand at March 31, 2026 was $81.8 million, down from $123.2 million at December 31, 2025. * Net debt was $423.5 million, up from $371.1 million at year end, with net debt to adjusted EBITDA of 19.1. * Unit bookings by value were $580 million, down 2% year over year but up 7% sequentially from $540 million, signaling early stabilization after the Q3 2025 cyclical low. * Unit backlog value was $1,410 million, down 26% year over year but up 10% sequentially, as bookings began to rebuild backlog. * Management expects 2026 to show sequential improvement, with Q2 2026 as the financial low point and a modest full-year operating profit on improved second-half volumes and cost actions. Beat or miss? What leadership is saying? "The first quarter reflected the impact of a rapid shift in our product mix toward lighter duty, lower priced lift trucks, combined with higher tariff costs and macroeconomic uncertainty, but strengthening bookings and backlog give us confidence in a gradual recovery as 2026 progresses." "From a financial standpoint, Q1 results were heavily affected by approximately $30 million of gross tariff costs and lower volumes, yet our restructuring and manufacturing optimization programs are beginning to deliver cost savings that we expect will drive a meaningful improvement in second half margins." Historical performance. How the market reacted? At a recent price in the high $30s, Hyster-Yale's market cap sits around $690-710 million, reflecting investor caution after several quarters of declining revenue and losses. Immediate post-earnings trading data were not detailed in the press release, but the tone of the report is mixed, with bookings momentum and cost savings partly offset by heavier tariff headwinds and weaker margins. Overall sentiment appears cautious but not capitulative, with management emphasizing a "low point" in the first half and a path to modest full-year operating profit in 2026. Investors will focus on whether bookings and backlog translate into stronger second-half shipments and margin recovery as mitigation actions take hold. Add Sci-Tech Today as a Preferred Source on Google for instant updates! Sources. Pramod Pawar (Co-Founder) Pramod Pawar brings over a decade of SEO expertise to his role as the co-founder of 11Press and Prudour Market Research firm. A B.E. IT graduate from Shivaji University, Pramod has honed his skills in analyzing and writing about statistics pertinent to technology and science. His deep understanding of digital strategies enhances the impactful insights he provides through his work. Outside of his professional endeavors, Pramod enjoys playing cricket and delving into books across various genres, enriching his knowledge and staying inspired. His diverse experiences and interests fuel his innovative approach to statistical research and content creation. Companies List