Page 2 - Hyster-Yale Maximal-Presentation
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Building a Platform to Grow in Emerging Markets
Actions:
• Investing in 75% controlling interest in Zhejiang Maximal Forklift Co., Ltd.
• Establishing China-based Emerging Market Development Center
Impact:
• Expand low-cost, global manufacturing capabilities
• Enhance access to competitive component sourcing
• Strengthen utility and standard product portfolio
• Enhance presence in China market and global utility and standard segments
• Increase core brand share, and global group unit volume
• Deliver accretive earnings by 2020 and contribute to Company’s achievement of
7% operating profit margin*
*Estimate does not include the impact of the $10M incentive payout or any potential purchase price accounting adjustments recorded after acquisition.
Solutions that DRIVE Productivity 70