Hyster is globally accepted as an industry leader in the lift truck manufacturing business. However, it started as a producer of lifting equipment as well as winches. Most of its production was focused in the northwest United States and dealt primarily with the wood and logging industry. A couple years after the 1st forklift trucks were invented Hyster became synonymous with quality production. Over the last eighty years Hyster has continued to get bigger and grow its product line. The expansion of its products coupled with its wish to stay service oriented has allowed Hyster to grow into the international player it is today. In the period between 1940 and 1960, Hyster sustained its growth throughout the western world. In 1946, Hyster opened a plant in Danville, Illinois that was exclusively committed to mass manufacturing trucks. This allowed Hyster to drive its expenses down and, simultaneously, offer a better quality product at industry competitive rates. In 1952, Hyster began its first foray in to the international production market through opening its first plant in the Netherlands. The Netherlands plant was originally designed to produce two products: Hyster 40" and the Karry Kranes. Hyster continued to aggressively expand its manufacturing operations all the way through the fifties and 60's. They began building container handlers in the United states in 1959 to satisfy the ever growing demand for transportation goods. In 1966, Hyster developed a process for enabling a lift truck to go both forward and backwards using the same pedal. This pedal was called the Monotrol pedal, which revolutionized the industry. Later in the decade Hyster opened a R and D centre in Oregon that was focused on improving the design and performance of lift trucks. The centre is still one of the world's top testing facilities in the materials handling industry. In the 1960's Hyster experienced rapid growth. Much of the business was shifting in the direction of mass manufacturing. To keep up with the times Hyster was inclined to focus on the evolution of these mass markets. As a consequence, in 1970, the XL design philosophy was born. The XL design philosophy allowed Hyster to offer superior quality at a more inexpensive cost. A further expansion in manufacturing capabilities was necessitated by the demand in Europe for Internal Combustion Engine Trucks. To fill this hole, a plant in Craigavon, Ireland was opened in 1980. Through the 80's Hyster continued to focus on developing industry leading lift trucks. The Hyster company name was recognized throughout the globe for its dedication towards superiority. This attention to excellence produced several suitors for the company. In 1989, a large multinational business based in Ohio called NACCO Industries bought Hyster and began an aggressive expansion strategy. NACCO swiftly changed the XL philosophy with a more driver oriented lift truck that concentrated on operator comfort, which is recognized as the XM generation of trucks. With the universal shift towards just-in-time management procedures, Hyster has been required to keep up with the trends through investment in new and diverse technologies. Acquisitions and investments were made in the United States, Italy, Netherlands, and many other places throughout the globe. All of these investments have made Hyster a global leader in the lift truck market. Recently, Hyster celebrated its 80th anniversary as an industry leader of materials handling equipment, which consists of more than 300 various models of forklift trucks.