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Hyster-Yale's competitors and similar companies include Sinomach.
Hyster-Yale
Hyster-Yale
Hyster-Yale is a company that designs, engineers, manufactures, sells, and services lift trucks, attachments, and aftermarket parts.
Sinomach
Sinomach
Sinomach (also known as China National Machinery Industry, 中国机械工业集团有限公司, formerly known as First Ministry of Machinery Industry) is a company that manufactures industrial equipment.
Founding Date
Founding Date
1989
Founding Date
1997
Type
Type
Public
Type
Private
Tags
Locations
Locations
Cleveland, US HQ
Milperra, AU
Prospect, AU
Itu, BR
Serra, BR
Pointe Claire, CA
Hangzhou, CN
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Locations
Beijing, CN HQ
Beijing, CN
Tianjin, CN
Employees
Employees
8,5001% decrease
Employees
120,0002% increase

Financial

Revenue (est.)
Revenue (est.)
$3.8b (FY, 2025)
Revenue (est.)
¥311b (FY, 2024)
Cost of goods
Cost of goods
$3.1b (FY, 2025)
Cost of goods
¥277.1b (FY, 2024)
Gross profit
Gross profit
$632.8m (FY, 2025)
Gross profit
¥33.9b (FY, 2024)
Net income
Net income
($58m) (FY, 2025)
Net income
¥6b (FY, 2024)
For sources of this data, please see the company profile

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Sinomach
HQ
Beijing, CN
Employees
120,000↑ 2% increase

Sinomach (also known as China National Machinery Industry, 中国机械工业集团有限公司, formerly known as First Ministry of Machinery Industry) is a company that manufactures industrial equipment.

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