Home Company Profile Hoist Material Handling Inc
Company Profile

Hoist Material Handling Inc Company Profile

Anushka Gore Published 20 Mar 2024 Updated 27 Jul 2024
Hoist Material Handling Inc

Company Profile

Hoist Material Handling, Inc. Basic Information, Manufacturing Base, Sales Area, and Competitors

Sr. No.

Item

Description

1

Company Name

Hoist Material Handling, Inc.

2

Website

www.hoistlift.com

3

Established Date

1918

4

Headquartered

United States.

5

Market Position/ History

Hoist Material Handling, Inc. was founded in 1918 by Marty Flaska, in Brooklyn, New York In the early 1920s, the influx of cargo from the Atlantic Ocean, as well as the Hudson and East Rivers, was handled mainly by Silent Hoist & Crane equipment. Firstly, Silent Hoist & Crane took great pride in being an American manufacturer just like Hoist Material Handling

Hoist Material Handling, Inc. is a U.S. manufacturer of high-capacity lift trucks ranging from 7 to 57 tons. From heavy-duty cushion tires and pneumatic forklifts to container handlers and reach stackers, all of their lift trucks and terminal tractors are forged in America.

Moreover, Hoist Material Handling, Inc. officially entered the terminal tractor business in 2017 and planned to start building the Hoist T-Series terminal tractors in the second quarter of 2017. Furthermore, in the year 2019, Hoist Material Handling, Inc. Mfg., LLC, was acquired by Toyota Industries North America, Inc., effective April 1, 2019.

6

Sales Area

Worldwide.

7

Manufacturing Location

United States

8

No. of Employees

201-500 Employees.

9

Competitors

AB Volvo, Mol CY nv, Orange EV, CARGOTEC (Kalmar), CVS FERRARI S.P.A., MAFI Transport Systems GmbH, LLC, Konecranes, SINOTRUK (HONG KONG) LIMITED, AUTOCAR, LLC., BYD Company Limited, CAPACITY TRUCKS, TERBERG SPECIAL VEHICLES and, TICO TRACTORS.

10

CEO

Marty Flaska.

11

Ownership Type

Private

12

Contact Information

4407 Railroad Avenue East Chicago, IN 46312.

Phone: 708.458.2200

Toll Free: 800.367.5600

Fax: 708.458.1176

 

Business Segment/ Overview:

Hoist Material Handling, Inc. is a manufacturer of high-capacity (7.5 to 60 ton) lift trucks for both indoor and outdoor materials handling applications. The company also manufactured and sold terminal tractors. Additionally, the company’s lift trucks are manufactured in the USA and sold worldwide. Each of the lift trucks is forged in the USA and more than 75% of the material on each of the lift trucks is manufactured in-house, including chassis, steer axles, and masts, with the remaining sourced from reputable U.S. vendors such as Cummins and Dana.

Products offered by the company are segmented into pneumatic forklifts, FR series extendable counterweight, cushion tires, cushion tire electric, container handlers, marina forklifts, attachments, and other parts.

Application industries

•    Automotive
•    Concrete
•    Forging
•    General Manufacturing
•    Lumber
•    Machinery Moving & Rigging
•    Marina
•    Military/Armed Forces
•    Mining
•    Oil & Gas
•    Paper
•    Port & Intermodal
•    Steel & Specialty Metals

Terminal Trailers/Trucks For Container Port Product Types Specification

Product

Product Description

Terminal Tractor

The terminal tractor is designed to move semi-trailers within cargo yards, distribution centers, warehouse facilities, and intermodal facilities. Several notable features come together in the terminal tractor. Hoist terminal tractors will help to Client to keep the trailer loading and unloading process moving smoothly and maximize up-time in clints trailer yard or terminal.

Key Performance Features

• Hendrickson AirTek suspension

• Military grade AxleTech rear axle

• Cummins tier 4F 6.7L engine (HP)

• Allison 3500 transmission

2. Key Ergonomic Features

• Sears premium air-ride seat

• Fifth wheel fingertip switch

• Digital instrumentation with stereo

• Premium HVAC

• Document, pen, and clipboard storage

• Intelligent interior layout

3. Featured Components

  • Powertrain

Allison 6-speed, 3500 series transmission

Smooth ranges between shifting

Cummins 6.7L engine

  • Tires

Trelleborg

Maximum safety and productivity

  • Chassis

Heavy-duty steel

Securely fastened with huckbolts

  • Abs Panels

Keeps water/dust out

Removable panels

Easy access to components

  • Headlights

LED

  • Bumper

Heavy-duty

Bolt-on

  • Suspension

Hendrickson AirTek

Airbag provides ride height control and reduced rollover risk

Fuel Tank

50 Gallon steel tank

  • Axle

AxleTech military grade

Reduces stress from larger loads

Bolted to leaf spring, combined with shocks and airbags

  • Mudflap

Spring mounted

Prevents bracket from bending into tire.

  • Fifth Wheel

Reduced vehicle stress by providing smoother hook-ups with trailers and distributing the load more evenly throughout the chassis.

Pin and bushing coverings prevent dirt, water, and salt corrosion.

4. Specification

  • Meets ANSI B56.1 FOPS operator protection standards
  • Sears Atlas II Air Suspension cloth seat
  • Rubber-mounted cab isolated from frame to reduce noise
  • and vibration
  • Master digital display provides all vehicle gauges (e.g. oil
  • temperature, fuel level)
  • Adjustable semi-suspension seat and retractable seat belts
  • Sliding driver-side window
  • Engine fault code diagnostic capability
  • Soft-touch hydraulic levers
  • Adjustable tilt steering column
  • Spring applied/hydraulic release parking brake
  • The fifth wheel dial for lowering and raising the fifth wheel
  • Fifth wheel push button latch for easy release
  • Push button parking brake
  • Push button trailer air supply
  • Eight (8) button CANbus switches
  • Two (2) USB ports
  • One (1) 12V plug
  • Polk radio system with four (4) in-cab speakers
  • Push button transmission controls (Reverse, Neutral, Drive)
  • Electronic mirror controls
  • Window wiper controls.
Anushka Gore
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behavio…

Profile Details

  • Author Anushka Gore
  • Published 20 Mar 2024
  • Last Updated 27 Jul 2024
  • Reading Time~5 minutes
  • CoverageSWOT, Financials, Key Employees, History

Table of Contents

    • 1.1 About Hoist Material Handling Inc
    • 1.2 Key Facts
    • 1.3 Key Employees
      • 1.3.1 Key Employee Biographies
    • 1.4 History
    • 1.5 Locations & Subsidiaries
      • 1.5.1 Head Office
      • 1.5.2 Other Locations & Subsidiaries
    • 2.1 Company Overview
    • 2.2 Business Segments
    • 2.3 R&D Overview
    • 2.4 Brands
    • 2.5 Key Company Statistics
    • 2.6 Key Financials (2015–2019)
    • 2.7 Share Holder Analysis
    • 2.8 Regional Presence
    • 2.9 Services Offered
    • 3.1 Strengths
    • 3.2 Weaknesses
    • 3.3 Opportunities
    • 3.4 Threats
    • 3.5 Key Competitors
    • 4.1 Company Metrics
    • 4.2 Key Investors
    • 4.3 Recent Funding & Valuation
    • 4.4 Historical Funding & Valuation
    • 5.1 Acquisitions
    • 5.2 Partnerships
    • 6.1 Latest News & Announcements
    • 6.2 Strategic Initiatives
    • 7.1 Summary of Findings
    • 7.2 Strategic Recommendations

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