Hamilton Beach 2010 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.
Market Positions
NMHG:
NMHG is a world leader in
the lift truck industry with
an estimated 12 percent
unit market share worldwide,
including a 24.7 percent unit
market share in the Americas
market.
Lift trucks are distributed
through a worldwide network
of independent Hyster® and
Yale® dealers.
2010 Financial Results
NMHG:
Revenues:
$1.8 billion
Operating profit:
$46.1 million
*Net income:
$32.4 million
HBB:
HBB is a leading company 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 department
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 300 stores throughout
the United States in 2010.
NACoal:
North American Coal is the
nation’s largest miner of
lignite coal and among the ten
largest coal producers. Coal
is delivered from developed
mines in 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 and
services a comprehensive line of lift trucks and after-
market parts marketed globally under the Hyster® and
Yale® brand names. Lift trucks and component parts are
manufactured in the United States, Northern Ireland,
Mexico, Italy, Brazil, The Netherlands, China, Japan,
the Philippines and Vietnam.
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 four surface
coal mining operations and has four 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:
$515.7 million
Operating profit:
$45.9 million
*Net income:
$24.4 million
Kitchen Collection:
Revenues:
$219.6 million
Operating profit:
$5.9 million
*Net income:
$3.5 million
NACoal:
Revenues:
$156.8 million
Operating profit:
$53.3 million
*Net income:
$39.6 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 refer to net income attributable to stockholders.
NACCO Industries, Inc. at a Glance