Hamilton Beach 2007 Annual Report Download - page 2

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NACCO Industries, Inc. at a Glance
Principal Businesses
NACCO Materials Handling Group (“NMHG”)
Headquarters: Portland, Oregon
NMHG Wholesale designs, engineers, manufactures and sells a comprehensive line
of lift trucks and aftermarket parts marketed globally under the Hyster®and Yale®
brand names. Lift trucks and component parts are manufactured in the United States,
Northern Ireland, Scotland, The Netherlands, China, Italy, Japan, Mexico, the
Philippines and Brazil.
NMHG Retail operates a small number of wholly owned dealers, which sell, lease
and service Hyster®and Yale®lift trucks, including sales of related service parts.
NACCO Housewares Group
Hamilton Beach Brands (“HBB”)
Headquarters: Richmond, Virginia
HBB is a leading designer, marketer and distributor of small electric household
appliances, as well as commercial products for restaurants, bars and hotels.
Kitchen Collection
Headquarters: Chillicothe, Ohio
Kitchen Collection is a national specialty retailer of kitchenware and gourmet
foods operating under the Kitchen Collection®and Le Gourmet Chef® store
names in outlet and traditional malls throughout the United States.
North American Coal (”NACoal“)
Headquarters: Dallas, Texas
North American Coal mines and markets lignite coal primarily as fuel for power
generation and provides selected value-added mining services for other natural
resources companies in the United States.
North American Coal operates six surface lignite mines. The company also provides
dragline mining services operating under the name “North American Mining
Company” for independently owned limerock quarries in Florida.
2007
Financial Results
NMHG Wholesale:
Revenues:
$2.6 billion
Operating profit:
$66.3 million
Net income:
$48.2 million
NMHG Retail:
Revenues:
$137.8 million
Operating loss:
$9.0 million
Net loss:
$8.9 million
HBB:
Revenues:
$540.7 million
Operating profit:
$40.3 million
Net income:
$18.4 million
Kitchen Collection:
Revenues:
$210.0 million
Operating profit:
$0.5 million
Net loss:
$0.9 million
North American
Coal:
Revenues:
$137.1 million
Operating profit:
$43.2 million
Net income:
$31.0 million