Hystandard Moves into Victoria

Welcome to all our new Employees, Customers and Suppliers

Created on Monday, July 12, 2010

Announcement to Staff, Customers and Suppliers:

Hystandard Handling Equipment and NACCO Materials Handling Group, Inc. (Yale®) have signed an agreement under which Hystandard Handling Equipment have acquired NACCO Materials Handling Group's Yale® retail operations in Victoria.

Hystandard Handling Equipment, "The forklift specialists" was established in 1983 and has promoted NACCO Materials Handling Group, Inc. product since 1997.

"We see this as a strategic opportunity to grow our business and adding the Yale Victoria branch to our group is a very exciting progression in our business history"

Hystandard Handling Equipment is always looking for opportunities to grow our business and this acquisition will enhance Hystandard Yale's, sales, rental, service and parts capability. This will enable us to better support our customers and provide more opportunities for our employees.

The acquisition allows us to continue to build on our technology based business, improving our service capability and growing our forklift fleet to over 3000 units under management.

Whilst the acquisition is a significant step forward for Hystandard, we will continue to increase our presence where we see prudent opportunities for growth.

We would like to thank all of our staff, customers and suppliers for their committed support over the last 27 years and look forward to working with you and serving you going forward.

Yours Sincerely,

John Flinn

Director

Hystandard Handling Equipment