Hamilton Beach 2009 Annual Report Download - page 2

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.
HBB has a broad portfolio of some of the most
recognized and respected brands in the small electric
appliance industry, including Hamilton Beach®,
Proctor Silex®, eclectrics®, Traditions®, TrueAir®
and Hamilton Beach®Commercial.
NACCO Industries, Inc. at a Glance
Market Positions
NMHG:
NMHG is a world leader in
the lift truck industry with an
estimated 8 percent market
share worldwide, including
a 21.5 percent market share
in the Americas market.
Lift trucks are distributed
through a worldwide
network of independent
Hyster and Yale dealers
and a limited number of
wholly owned dealers.
2009 Financial Results
NMHG:
Revenues:
$1.5 billion
Operating loss:
$31.2 million
*Net loss:
$43.1 million
HBB:
HBB is one of the leading
companies in retail and
commercial small appliances,
with strong share positions
in many of the categories in
which it competes.
HBB products are primarily
distributed through mass
merchants, national depart-
ment stores, wholesale
distributors and other retail
sales outlets.
Kitchen Collection:
Kitchen Collection is the
nation’s leading specialty
retailer of kitchen and related
products in factory outlet
malls with 296 stores
throughout the United States
in 2009.
NACoal:
North American Coal is the
nation’s largest miner of
lignite coal and among the
ten largest coal producers.
Coal is delivered from mines
in Louisiana, Mississippi,
North Dakota and Texas to
adjacent or nearby power
plants.
Principal Businesses
NACCO Materials Handling Group (“NMHG”)
Headquarters: Cleveland, Ohio
NMHG designs, engineers, manufactures, sells,
services and leases 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, The Netherlands,
China, Italy, Japan, Mexico, the Philippines, Vietnam
and Brazil.
North American Coal (”NACoal“)
Headquarters: Dallas, Texas
North American Coal mines and markets coal
primarily as fuel for power generation and provides
selected value-added mining services for other
natural resources companies. North American Coal
operates five surface coal mining operations and
has three additional coal mines under development.
The company also provides dragline mining services
operating under the name “ North American Mining
Company” for independently owned limerock
quarries in Florida.
HBB:
Revenues:
$497.0 million
Operating profit:
$50.4 million
*Net income:
$26.1 million
Kitchen Collection:
Revenues:
$213.9 million
Operating profit:
$6.7 million
*Net income:
$3.9 million
NACoal:
Revenues:
$129.5 million
Operating profit:
$42.6 million
*Net income:
$53.2 million
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.
*For purposes of this annual report, discussions about net income/loss refer to net income/loss attributable
to stockholders.