GREENVILLE, N.C. (October 31, 2016) – Hyster-Yale Group Inc. is pleased to announce that Briggs Equipment has completed its acquisition of certain assets from and the assumption of certain contracts of Stewart & Stevenson Material Handling LLC, and has accepted the appointment as the authorized Hyster® dealer for specified areas in East and Central Texas effective October 31, 2016. Briggs Equipment will coordinate with Medley Material Handling to provide sales, parts and service support for Hyster® customers in the West Texas and New Mexico markets.
“These changes to our dealer network are integral to our growth strategy and demonstrate the continuous alignment of our distribution channel to support changing customer demographics,” said Bob Sattler, Vice President of Dealer Business Development for Hyster-Yale Group. “We are confident that this restructuring will bring greater support and product access to our customers.”
About Briggs Equipment
Briggs Equipment Inc. is a subsidiary of Briggs International, Inc., a leading provider of premium materials handling equipment with operations in the US, UK and Mexico. Briggs International, Inc. is a subsidiary of Sammons Enterprises, Inc., an ESOP owned company with revenues over $5 billion. Briggs Equipment’s US operations are headquartered in Dallas, Texas, with 28 locations in the south and southeast US. Briggs Equipment is a full line materials handling distributor and the largest distributor of Yale® and Hyster® brands of lift trucks and fleet management services and also offers other recognized brands of allied equipment. Briggs Equipment supports its customers through its nearly 400 strong community of factory trained and certified service technicians, a 6,000 unit rental fleet, parts inventories, financing solutions and safety training programs. With over 800 associates, Briggs Equipment is recognized as a market leader in the materials handling industry with its commitment to superior customer experience, service excellence and a comprehensive portfolio of materials handling solutions. For more information, visit http://www.briggsequipment.us
About Medley Equipment
Medley Equipment Company was founded in Oklahoma City, OK in 1941. Medley offers a prestigious range of industrial equipment for sale, rentals, parts, and quality service. Medley Equipment Company began its long-lasting relationship with Yale in 1956. Medley is proud to be recognized as the premier material handling organization in Oklahoma, West Texas and New Mexico by accomplishing the Yale® Dealer of Excellence every year since 2007. For more information, visit us at: http://www.medleycompany.com
About Stewart & Stevenson
Stewart & Stevenson, founded in Houston, Texas in 1902, is a leading provider of specialized equipment and aftermarket parts and service primarily to the global oil and gas industry and a range of other industrial sectors. Stewart & Stevenson, which has represented Hyster® products since 1959, intends to concentrate on the expansion of its equipment rental business beyond its traditional territorial presence with particular emphasis on the Eastern seaboard. For more information, visit http://www.stewartandstevenson.com
About Hyster-Yale Group
A world leader in the lift truck industry, Hyster-Yale Group designs, engineers, manufactures, sells and services a comprehensive line of lift trucks and aftermarket parts marketed globally primarily under the Hyster® and Yale® brand names. Hyster-Yale Group, Inc. is a wholly owned subsidiary of Hyster-Yale Materials Handling, Inc. (NYSE:HY). Hyster-Yale Materials Handling, Inc. and its subsidiaries, headquartered in Cleveland, Ohio, employ approximately 6,300 people worldwide.
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